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Luno’s African Headquarters Launches in South Africa

Tech Gist Africa by Tech Gist Africa
09/17/2018
in Africa News
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Luno

Photo Credit: bitcoinafrica.io

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London based Bitcoin company, Luno has launched its new African regional headquarters in Johannesburg, South Africa.

Luno is a platform that connects potential buyers with potential sellers. It allows them to exchange things like products, stocks, currencies and Bitcoin.

Luno currently operates in more than 40 markets across Europe and Africa, and plans to expand across African markets. The company facilitates the exchange of Bitcoin and Ethereum for fiat currency such as South African rand.


See Also: Cryptocurrency Market Value Drops


According to the Luno CEO; Marcus Swanepoel, “The new team in Johannesburg will be working closely with our team in Lagos, Nigeria, to launch across a number of African markets over the coming month.”

“We will be investing a significant amount of capital and resources into our African expansion over the coming months and years,” Swanepoel further added..

Luno is recruiting for over 30 roles in Johannesburg to expand its coverage in Africa and also, create a new engineering team based in the city.


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Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

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