Send Money Like Text.
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Send & Receive Money as Easy as Texting!
We believe in bridging distances without burdening your pockets. Whether you're abroad wanting to support loved ones, invest in opportunities, or commemorate life's moments, ETxO ensures your contributions reach home almost fee-free and instantly. By merging unmatched speed with top-tier security, we're transforming the remittance landscape. Benefit from transparent, near-zero fees and real-time tracking, keeping you always informed. With ETxO, every cent counts and gets closer to its intended purpose. Join Ethiopia's financial revolution today!
How it works
01
Real-Time Transactions:
With ETxO's lightning technology, transactions complete in mere moments. Experience the future where time genuinely equates to money.
02
Instant Notifications:
ETxO keeps both sender and receiver instantly informed with real-time alerts. Stay updated and secure with every transaction.
03
Seamless Integration:
ETxO effortlessly bridges various financial platforms for immediate transfers. Experience a world where global financial boundaries are a thing of the past.
Data Centers
ETxO’s Digital Asset Mining initiative stands at the forefront of our commitment to integrating cutting-edge technology with meaningful community engagement. By establishing state-of-the-art data centers in Ethiopia, designed specifically for the mining of digital assets like Bitcoin, we are not just embracing the future of finance; we are setting the stage for a new era of technological prosperity. These centers are more than just hubs of digital innovation; they are powerful engines driving our revenue streams.
Our approach is unique: the profits generated from our mining operations are strategically invested back into the local communities. This investment goes towards enhancing educational opportunities, improving infrastructure, and expanding digital connectivity, ensuring that the benefits of our technological endeavors are widely shared. By doing so, we create a symbiotic relationship between our business growth and community development, fostering a landscape where technological advances and community welfare go hand in hand.
In this way, ETxO’s Digital Asset Mining initiative is not merely a business venture; it is a catalyst for communal and economic transformation. We believe that by intertwining our success with the prosperity of the communities we serve, we can forge a path towards sustainable growth and shared advancement in the digital age.
Mission ETxO
At ETxO, our core mission is to break down the financial and economic barriers that have historically isolated Ethiopia and the broader African continent. Leveraging the transformative power of digital technologies such as blockchain, AI and the strategic mining of Bitcoin, we are committed to fostering an inclusive, secure, and thriving financial ecosystem.
Our initiatives are designed to empower individuals and institutions across Africa, enabling access to the global economy, and facilitating the conversion of digital activities into real economic value within their local contexts.
ETxO envisions a future where every Ethiopian and African can actively participate in the digital revolution, not merely as users but also as innovators and leaders. By providing advanced infrastructure and embracing the capabilities of blockchain and AI, we aim to ensure seamless integration into the digital world. Our efforts are geared towards recognizing and valuing the digital contributions of Africans in the global marketplace, thus bridging the digital divide. As a beacon for digital and economic transformation, ETxO is dedicated to illuminating the path towards a digital future where Ethiopia and Africa are at the forefront of the global digital economy.
Our commitment is to ensure that the journey towards this future of abundance is inclusive, equitable, and prosperous for all, making certain that Africa is not left behind in the rapidly evolving new tech-driven economic landscape.
Leadership Team
Mikael Deribe
Chief Executive Officer
Mikael Deribe brings a wealth of expertise and a visionary approach to his role as CEO of ETxO Technologies. With a solid foundation in public health, bioprocess science and engineering, his 12-year career is highlighted by significant achievements, including the development of innovative purification processes for therapeutic protein molecules, notably from complex sources like transgenic goat milk, and leading high-stake studies and bioprocess operations. His contributions also extend to advancing chromatography products that enhance production efficiency. Mikael's adeptness at navigating biotechnological challenges underscores his unwavering commitment to innovation and scientific excellence.
Beyond his vast experience in biotechnology, Mikael's involvement in blockchain and digital assets since 2015 showcases his forward-thinking stance on technology's transformative role in society. His passion for digital technologies and a keen interest in macroeconomics fuel his broader mission of using cutting-edge solutions to foster economic inclusivity and empower underserved communities. This unique blend of scientific discipline, strategic insight into technological advancements, and an understanding of economic principles positions him as a key figure in driving progress that could transform financial systems in Ethiopia and the rest of Africa, broadening access to economic opportunities.
As CEO, Mikael's diverse background combines the precision of scientific inquiry with a visionary approach to technology's societal impacts. His leadership at ETxO is likely to be characterized by a commitment to leveraging technological innovation for the greater good filled with a heartfelt passion to uplift Ethiopia and the rest of Africa. This infuses his work with a profound sense of purpose, driving ETxO's mission to create transformative opportunities that foster economic growth and improve the quality of life for millions.
Development & Operations
For more than a decade, Tilahun Zimita has served as a Lead and Principal Software Engineer within the finance, insurance, and defense sectors in United States of America. In his role as a lead engineer, he demonstrates expertise in crafting cutting-edge software solutions for intricate challenges. He adeptly leads cross-functional teams to deliver secure, scalable, and high-quality solutions, contributing significantly to technological advancements within financial systems.
Leveraging his robust background in finance and defense, Tilahun has seized opportunities to design sophisticated software architectures tailored to meet stringent sector requirements. His wealth of experience positions him as a leader and mentor within software development teams, fostering innovation and efficiency in solutions across finance, insurance, and defense applications.
Tilahun’s extensive experience in software engineering within critical sectors such as finance, insurance, and defense, equips ETxO Technologies with a strategic edge in developing robust, innovative solutions. His leadership in engineering and his strategic vision in software architecture are instrumental in driving the company towards achieving technological excellence and efficiency in operations.
Tilahun Zimita
Chief Operating & Technology Officer
Legal & Compliance
Eyob Messafint
Legal & Compliance Officer
Introducing Eyob Messafint, a seasoned legal professional with an impressive 15-year tenure in corporate and business law, specializing in the Ethiopian landscape. For a decade, Eyob servedas a legal manager for a distinguished bank, where his expertise thrived amidst the intricate dynamics of financial regulations and corporate governance. Currently holding a license to practice law, Eyob has embarked on an entrepreneurial journey, establishing his own legal practice in Ethiopia.
Eyob’s comprehensive background and strategic approach to legal problem-solving have been pivotal in navigating the complexities of the banking sector. Now, at the helm of his own practice, he brings a wealth of experience to the table, offering tailored legal services to meet the unique needs of clients within the Ethiopian business landscape. Eyob stands as a seasoned professional, adept at seamlessly blending corporate intricacies with legal acumen, positioning him as a valuable asset.
Eyob contributes to ETxO Technologies a rich tapestry of legal expertise. His strategic foresight and adept understanding of legal frameworks ensure the company navigates the complex regulatory environments with agility and compliance, underpinning the firm’s commitment to integrity and ethical business practices.
Marketing
Girum Yilma is a seasoned entrepreneur whose diverse leadership experiences span the hospitality, fashion, media, and finance sectors. His entrepreneurial journey commenced with his role as the owner and CEO of Wabe Shebele Restaurant in London, UK, where he developed a keen understanding of business management and customer engagement. His venture into the digital realm led him to establish Modropy, an online apparel company in California, further demonstrating his adaptability and innovative approach to business.
In the media industry, Girum made his mark as a co-founder, CEO, and board member of ESAT TV, with operations in Amsterdam, London, and DC, showcasing his strategic vision and commitment to impactful communication. Currently, he is the driving force behind Abbay Television in Ethiopia, where he is dedicated to enriching the Ethiopian media landscape, and Key Housing Finance Solution, where he focuses on making housing finance solutions more accessible to Ethiopians.
Girum is now set to bring his extensive experience and dynamic leadership to ETxO Technologies as the Chief Marketing Officer (CMO). In this role, he will leverage his proven track record in building and scaling businesses to drive ETxO’s marketing strategies and initiatives, aiming to enhance the company’s market presence and contribute to its mission of leveraging technology for economic empowerment in Ethiopia and beyond. Girum’s multifaceted expertise and innovative mindset make him an invaluable asset to ETxO Technologies, poised to propel the company’s growth and impact in the digital economy.
Girum Yilma
Chief Marketing Officer
Internal Reviews of ETxO App
Having been deeply involved in the development process, I was still taken aback by the sheer speed of ETxO once we began internal testing. It's one thing to plan and design for quickness, but experiencing it firsthand is something else entirely. This app isn't just fast—it's instantaneous and seamless.
Mikael, Founder & Blockchain Specialist
While designing the user interface for ETxO, I knew we were aiming for simplicity and speed. But when I had the chance to test out a transaction myself, I was genuinely amazed. It felt like sending a text, but this was money moving in real-time!"
Eyoel, Full-stack Developer
I've worked with numerous financial tools over the years, and the speed of transactions has always been a sticking point. With ETxO, it was different. I was genuinely surprised at how effortlessly and rapidly money transferred during our tests. We're on to something big here!"
Tilahun, Co-founder and FinTech Expert