Former director of research and development at MercadoLibre, Rodrigo Benzaquen, has joined Moneero’s board of directors.
MercadoLibre, better known in Latin America, is the region’s dominant auction and e-commerce site, 18% owned by eBay.
Moneero is a bitcoin startup saying it has recently come out of stealth mode and currently hosts a suite of closed beta products scheduled for launch later this year. It states that it is developing a “bitcoin banking platform” catering to the non-tech savvy.
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It plans on launching mobile apps, bitcoin ATMs and POS terminals. One of the flagship products will be Moneero Social, which is said to make Bitcoin people-friendly by enabling any social media user to send bitcoins to another through its app. They will also enable bitcoins sending via SMS. Said Benzaquen:
“I am early adopter and big bitcoin enthusiast since I first discovered Bitcoin in 2011, while working in for MercadoLibre in Silicon Valley. Moneero is a very promising startup in the bitcoin field and I am sure this is going to be a great work with this exceptional team.”
The mention on “bitcoin banking” may be enough to put some Bitcoiners on edge. Many will recall the rise and collapse of Neo & Bee, the Cyprus-based “bitcoin bank”, earlier this year. A successful and well-received launch of Moneero’s product suite would instill confidence in their contribution to the bitcoin ecosystem.