BlueKite Raises $1.5 Million From PeopleFund And Other Investors

There are many people that have made it to the land of opportunity, but want to help their family and friends back in their home countries.  BlueKite is a company that helps people help finance their friends and family in other countries.  BlueKite has a system that helps send cross-border bill payments to people in Mexico, Honduras, El Salvador, and Guatemala.

BlueKite has raised $1.5 million in a seed round of funding led by the founding team of the company and PeopleFund.  In the next few months, BlueKite will have a system that will allow users to pay international bills like utilities and phone charges in real-time.

“This important investment round validates the growing market and opportunity ahead for BlueKite. We are committed to providing consumers around the world with a safe, convenient and economical way to make payments and care for their families abroad,” stated Bobby Aitkenhead, co-founder & CEO of BlueKite. “Our goal is to create new efficient ways for cross-border payments which are not currently available and allow immigrants to better control their finances.”

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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