MIAMI--(BUSINESS WIRE)--BlueKite (http://www.bluekite.com) a leading provider of international bill-payment solutions, today announced the addition of services in Ecuador, Nicaragua and Panama, accelerating its goal to become the leading electronic bill payment provider covering the major remittance corridors globally.
“Our goal is to provide consumers more options to direct and control the remittances they send back home”
BlueKite has developed proprietary technology that provides complementary payment options to millions of consumers who emigrated and still support friends and families back in their home countries. According to official World Bank data, more than 215 million people today have emigrated from their homelands. In 2012, these wage earning emigrants with responsibilities for family members transferred more than $400 Billion to developing countries around the world. According to World Bank estimates, these money transfers are expected to grow at a CAGR of 9% to reach $515 Billion in 2015.
The new bill-payment services and utilities available through BlueKite include: Claro, CNT, ETAPA and EERSSA in Ecuador, Movistar and ENACAL in Nicaragua and IDAAN, ASEO, ENSA, SKY, CABLE ONDA, Claro TV and Claro in Panama. The company has been providing payment services to local billers including utilities and telecommunications companies in Mexico, Guatemala and El Salvador.
BlueKite has been validating its model and processes with an agent network in Florida using a clerk-assisted in-store version of the platform. The company is expecting to launch a direct to consumer service via internet and mobile devices.
“Our goal is to provide consumers more options to direct and control the remittances they send back home,” said Bobby Aitkenhead, co-founder and CEO of BlueKite. “From a business standpoint, these new integrated services and countries validate our execution plan to scale into a global bill-payment provider.”
BlueKite is a licensed Money Transmitter in the State of Florida, No. FT230000071.
BlueKite offers a unique, state of the art, web-based platform that allows consumers to make real-time cross border bill payments around the world. Payments are safe, accurate, reliable and guaranteed. BlueKite makes bill pay transactions possible through the integration of a proprietary payments platform with the accounting system of relevant service providers worldwide, allowing customers to view up to the minute balance information and pay bills immediately. Recently the company announced a $1.5 million seed round led by the founding team and PeopleFund. For more information please visit http://www.bluekite.com