Bitnob Launches New Infrastructure Platform for Businesses

Bitnob has unveiled its infrastructure platform, introducing Bitnob Enterprise and the next generation of Bitnob Business. This new non-custodial infrastructure stack is designed to support diverse business development in the fintech sector.

The launch marks a significant milestone in Bitnob's journey towards creating a single infrastructure platform that supports a broader ecosystem. Since launching its consumer Bitcoin app in 2021, Bitnob has built an infrastructure that has processed $4.5 billion in transaction volume.

The latest version of the platform expands treasury capabilities, improves stablecoin swap functions, and extends off-ramp coverage to 110 countries. Bernard Parah, founder and CEO of Bitnob, stated that the launch comes at a time of increasing global demand for modern financial infrastructure.

A report predicts that Africa's cross-border payment corridor will grow to approximately $329 billion annually by 2025, nearing $1 trillion by 2035. The platform aims to provide businesses with greater control over financial products and operations.