Seedstars World (SSW), the global seeds stage startup competition for emerging markets and fast-growing startup scenes, brought its Chinese round to a successful close during Seedstars Shanghai last week. 12 startups covering the hot areas of online finance, online education and online travel pitched their products to a jury to compete for the regional winner.

BitNexo walked away as the best startup for Seedstars Shanghai. The team will be going to Switzerland in February 2016 for the final pitching round, potentially winning the $500,000 USD equity prize.

BitNexo, which just graduated from Chinaccelerator, is a web platform and software provider that helps cross-border SMB commerce providers pay for goods and services between Asia and Latin America by leveraging Bitcoin. The company’s co-founder & CEO Darren Camas has been involved with Bitcoin since 2011 as head of Business Development for TradeHill/bitcoin.com, and then as partner of Bitcoin exchange CompraBitcoin.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.