BitDCA Secures $2M to Launch Bitcoin Savings App ‘Littlebit’
BitDCA, a fintech innovator based in the Czech Republic, has raised $2 million in pre-seed funding to launch a Bitcoin savings app called ‘Littlebit.’
Founded in 2019, BitDCA aims to simplify long-term Bitcoin investment by introducing a user-friendly dollar cost averaging (DCA) solution, the company said in a press release shared with Cryptonews.com.
The Littlebit app allows users to automatically save a percentage of their everyday spending into Bitcoin, making savings modern, accessible, and potentially lucrative.
BitDCA’s Littlebit Aims to Address Major Financial Gap
With 27% of U.S. adults reportedly lacking any form of savings, as per Bankrate, BitDCA’s initiative addresses a critical financial gap.
High expenses, debt burdens, and the absence of convenient saving methods are key barriers for many individuals.
BitDCA’s Littlebit app seeks to change this dynamic by embedding micro-savings into routine purchases.
Users link their existing debit or credit cards to the app, set a savings percentage, and the system takes care of the rest—automatically converting a portion of each transaction into Bitcoin.
Unlike other services like Revolut, which require dedicated accounts or specific payment cards, Littlebit’s key differentiator is its ability to operate with existing payment cards.
This allows users to save without the need for a new financial account or card, offering unmatched convenience.
Once users select their preferred savings percentage, Littlebit automatically converts the specified amount from each card transaction into Bitcoin, turning everyday purchases into effortless investments.
DCA is a well-regarded investment strategy that spreads investment risk over time. This approach allows users to avoid the impact of market volatility by making smaller, regular investments rather than large, one-time purchases.
In the context of Bitcoin, DCA has shown promising results. For instance, a user who spent EUR 630 monthly on card purchases and allocated 5% to Bitcoin savings would have accumulated EUR 2,646 over seven years.
Historical Bitcoin price trends reveal that this investment would have appreciated by approximately 704%, reaching a value of EUR 21,576.
“Given its uniqueness and accessibility, Littlebit has the potential to appeal to a massive user base globally, opening the way to sustainable saving and potentially enormous profits in the rapidly expanding cryptocurrency space,” commented BitDCA CEO and founder Jan Zaruba.
Expansion into the Czech Republic and Poland by 2025
The company’s operational plan includes market entry in the Czech Republic and Poland by Q1 2025, followed by expansion into the UK.
Compliance with regulatory and legislative requirements in these markets is already underway, positioning BitDCA for further global growth.
It is worth noting that the BDCA Token plays a vital role in BitDCA’s ecosystem, offering users the chance to earn rewards and actively participate as stakeholders.
Over 800 tokenholders have already supported the project’s development, signaling strong community backing.
“We have been fans of Bitcoin since 2014, and are now building key infrastructure for Bitcoin with the BitDCA project,” Zaruba added.
Source: cryptonews.com
