Crypto Payment Platform CityPay.io Wins GITA Grant Program; Startup Plans

Beka Kemertelidze’s startup has won the GITA grant program. CityPay.io – the crypto payment platform that enables customers to receive money in desirable currency.

“We started working on this idea about a year ago and I invested $100,000 in this project together with my partner. Besides Georgia, we have passed registration in Turkey and now we plan to enter Estonia too. The application was launched in the test regime 3 months ago. At this stage, we have 50 users and in the near future, we will introduce the perfect version.

As part of the GITA co-funding program, we have obtained a grant of GEL 100,000 and 90% of this grant will be spent on marketing campaigns in order to enter the international market. We have launched negotiations with investors that appeared after GITA and showed interest in our startup”, Beka Kemertelidze noted. The experience gained in the grant-winning process has brought radical changes, he added. ‘We have discovered many problems and opportunities in ourselves. And we needed this moment to take the first steps and enter the global market”, the startup founder noted.

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With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
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Economy

Crypto Payment Platform CityPay.io Wins GITA Grant Program; Startup Plans

Beka Kemertelidze’s startup has won the GITA grant program. CityPay.io – the crypto payment platform that enables customers to receive money in desirable currency.

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Crypto Payment Platform CityPay.io Wins GITA Grant Program; Startup Plans

Beka Kemertelidze’s startup has won the GITA grant program. CityPay.io – the crypto payment platform that enables customers to receive money in desirable currency.

Last 7 Days Hot Topic

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 04

Georgia Sees Surge in Electric Vehicle Registrations 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
01

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
02

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
03

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
04

Georgia Sees Surge in Electric Vehicle Registrations
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06