Bitt is a financial software company founded in 2013, with the slogan "Enable Payments. Empower People." The company is at the forefront of digital currency solutions design, with a focus on catalyzing the transformation from traditional to digital currency systems. Bitt's Digital Currency Management System (DCMS) enables central banks to efficiently deploy a Central Bank Digital Currency (CBDC), while also allowing financial institutions to integrate with internet native payment rails such as CBDCs, stablecoins, and cryptocurrencies.
With a goal to provide software solutions that meet current and future needs in the evolving space of digital currencies, Bitt has established partnerships and collaborations with international organizations such as the OECD, World Economic Forum, ITU, and Stanford University. This strategic engagement with leading global entities underlines Bitt's commitment to advancing digital currency solutions.
The company's recent milestone includes a significant $8.00M Venture Round investment on 28 October 2020 from Medici Ventures, emphasizing the confidence of investors in Bitt's innovative approach to digital currency management and financial services. Headquartered in the United States, Bitt operates within the Blockchain, Financial Services, Fintech, and Payments industries, reflecting its multi-faceted presence in the financial technology sector.