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Market Analysis Report (25 Nov 2020)


Market Analysis Report (25 Nov 2020) Blockchain, Featured, Home CoinGenius Hosts Virtual Crypto Event The Road To Mass Adoption

BnkToTheFuture has announced this week the addition of a new offering: $500k available to BnkToTheFuture investors in the global Fintech infrastructure provider, Baanx Group Ltd. BnkToTheFuture is the largest digital investment platform for individuals to invest in FinTech & crypto companies alongside top VCs.

Estimated at $60B worldwide, and growing rapidly, 580 million people or 7% of the world population will be using digital assets by 2022 (Deloitte, 2019). Traditional banks and infrastructure providers aren’t yet fully supporting digital assets. This presents a once in a generation opportunity for Baanx to establish themselves.

Launched in 2018, Baanx, is one of the first digital asset friendly B2B2C Fintech platforms built on Digital Ledger Technology and blockchain. They offer services including payments acquiring, card issuing, remittance, white-label mobile apps and more. Baanx clients can get to market fast, via rapidly integrating Baanx APIs into their own apps, or taking advantage of Baanx 100% managed services to launch custom-branded white-label mobile apps.

We launch in weeks, not months, and our platform takes all the staffing, compliance, KYC/AML, and operational headaches from launching payment, exchange, FX, and card services.” says Garth Howat, Baanx CEO.

Baanx have previously concluded two successful rounds of funding including from digital asset giant Tezos. They received $12.1m in Sep.2020 and are extending this an additional $500k via BnkToTheFuture. Baanx will use the funding to rapidly grow its staff and product offerings and to continue rolling out to the 15+ signed corporate customers who have a combined user base of well over 3m users worldwide.

Baanx’s community and supporters can now also be a part of its successful journey via the BnkToTheFuture investor platform. Qualified investors can invest from 1,000 USD upwards on the same terms as the initial $12.1m investment. Details of this fundraising round can be found at BnkToTheFuture-Application.

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