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關於Bitmama
Bitmama is a crypto asset trading platform focused on African markets. It began in Lagos, Nigeria in 2016 with over-the-counter matching and local payment rails, and grew into a broader entry point covering fiat on-ramps, spot trading and peer-to-peer exchange. Users can buy major crypto assets with local currency and access holding services such as staking.
On the product side Bitmama issued a crypto debit card that lets users spend their balance directly at merchants accepting the card networks, and it offers a buy-now-pay-later instalment option for smaller purchases. Its fiat rails depend on licensed remittance and payment partners in each market, so the range of available services varies by jurisdiction. The platform also publishes explainer content on wallets, on-chain transfers and the difference between custodial and self-custodial holding.
A follow-up report on April 3, 2026 said the funds were still unrecovered eight months later, that founder Ruth Iselema could not be reached, and that other users had reported the same withdrawal blocks on social media. Bitmama had earlier taken over more than 300,000 Payday customers through its Changera arm and integrated MoneyGram's stablecoin cash-in and cash-out rails.
As of April 2026 Bitmama had published no repayment plan, restructuring or new roadmap, and its website and social accounts showed no substantive updates.
Ruth Iselema — Founder & CEO; founded African blockchain payments company Bitmama, driving crypto adoption and cross-border payments in Africa.
Akin Asalu — COO; oversees Bitmama's operations across African markets and team expansion.
Bitmama charges the maker 0.5% of the coin amount traded and the taker 0.8% per trade on its P2P market.