K1 Technology

El Salvador
Website

K1 Technology is a startup producing compact, cash-enabled Bitcoin ATMs. Its flagship K1 Mini and K1 Plus make Bitcoin onboarding easy and inclusive, especially for unbanked populations. Running on the Lightning Network, they enable instant cash-to-Bitcoin purchases with micro-transactions and minimal fees.

Traction:

  • 110+ machines sold in 23 countries
  • Used by communities and individuals to turn cash into Bitcoin in shops, public spaces, and educational centers

Founding Team

K1 is led by a strong Salvadoran founding team with deep expertise in hardware, software, and go-to-market:

  • Edgar Borja (CEO & Founder): Former software developer for Fortune 500 clients; inventor of El Salvador’s first ATM. Passionate about accessible technology.
  • Edwin Escobar (CCO): 20+ years of experience in software development and operational leadership.
  • Rodrigo Gomez (CMO): Ex-diplomat and former GM at Bitrefill in El Salvador, helped implement national-scale Bitcoin payment tools.
  • Daniel Guardado (GFC): CEO at LINO Technologies, MBA, finance advisor.
  • Alvaro Angulo (COO): Oversees IT operations across 9 countries; expert in infrastructure and project execution.