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Saturday, May 3, 2025

Bitt sees growth spurt in the Caribbean

by

20150928

BRIDGETOWN, Bar­ba­dos–The Caribbean's lead­ing fi­nan­cial tech com­pa­ny, Bitt.com, has an ex­pand­ed team, poised to make Bar­ba­dos the pre­em­i­nent tech­no­log­i­cal hub of the re­gion.

Es­tab­lished two years ago by Bar­ba­di­ans Gabriel Abed and Oliv­er Gale, the com­pa­ny has grown from three to a team of 30.

Bitt's fo­cus and pres­ence has al­so blos­somed from be­ing Bar­ba­dos-cen­tric, to hav­ing a cor­po­rate and bank­ing foothold in six oth­er Caribbean ter­ri­to­ries.

With a clear mis­sion of em­pow­er­ing peo­ple, Bitt is com­mit­ted to util­is­ing blockchain tech­nol­o­gy to en­able the re­gion to make cheap­er and eas­i­er pay­ments.

The com­pa­ny is al­so po­si­tioned to be­come a dig­i­tal cur­ren­cy ex­change of choice for in­ter­na­tion­al traders.

"Bitt is the proud em­ploy­er of young and tal­ent­ed soft­ware de­vel­op­ers, IT net­work se­cu­ri­ty en­gi­neers and cryp­tog­ra­phers.

"Com­mit­ted to com­pli­ance and se­cu­ri­ty, we em­ploy ex­pe­ri­enced, spe­cialised staff and with our sights on busi­ness de­vel­op­ment, we have at­tract­ed top lo­cal and re­gion­al tal­ent," said Gabriel Abed, co-founder and CEO.

Bitt is al­so backed by a core team of ad­vis­ers, specif­i­cal­ly charged with Bitt's le­gal coun­sel and fi­nan­cial strate­gies.

Boast­ing of mil­i­tary grade se­cu­ri­ty and an easy to use trad­ing in­ter­face, the com­pa­ny prides it­self in be­ing a so­lu­tion to in­di­vid­ual and busi­ness needs.

Es­tab­lished with a land­mark US$1.5m seed round from Avatar Cap­i­tal, a Caribbean in­vest­ment group based in T&T, Bitt has the ca­pac­i­ty to con­tin­u­ous­ly de­vel­op and ex­pand its core ser­vices.


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