Bitcoin-Powered Remittance Startup Wins Deloitte Tech Competition
TransferB, a startup looking to disrupt the international money transfer market using Bitcoin, has won the 2015 Deloitte Top Technology Talent Competition, Deloitte Ireland announced on Tuesday. Led by Irish university students Claire Kelleher and Peter Nagle, TransferB is a Bitcoin-leveraged remittance service looking to undercut the high fees charged by firms such as Western Union and MoneyGram, while providing a more efficient and faster way of sending money across national borders. The team has already started talks with leading Bitcoin firms and is looking to conclude strategic....
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Bitcoin wins again, this time at the 2015 Deloitte Top Technology Talent Competition. TransferB, a bitcoin remittance start-up won the first place in this annual competition organized by Deloitte's Ireland division. The start-up founded by two college students offers faster and an economical alternative for fund transfer across the world. TransferB is the brainchild of Claire Kelleher and Peter Nagle, both university students who also happen to great fans of Blockchain technology. They built the start-up around their interest of Bitcoin and Blockchain technology to reduce the cost of....
Spanish startup Bit2Me has won $10,000 for its new blockchain-powered remittance app Hive. The startup was awarded the prize after pitching Hive at FinTech Americas' hackathon, held in Miami last week. Team Hive from Spain announced the winners of the @fintechamericas @Cobiscorp Hackathon! @blockchain @Sbootcamp pic.twitter.com/bkjFWta8Yh. - fintechamericas (@fintechamericas) October 22, 2015. Hive is a peer-to-peer app that leverages blockchain technology to enable the transfer of funds between users, who can top-up their accounts with either bitcoin or credit cards. According to a....
Bitspark is a bitcoin remittance company operative under the power of block chain technology. Based out of Hong Kong, they are a pioneer in remittance for the crypto age. Operating a cash-in cash-out platform leveraging bitcoin as the means of transmission, they are taking leading steps in developing remittances for the new age. The most promising FinTech companies in Asia have been chosen, and Bitspark were announced as joint winners of the SWIFT supported Innotribe Startup competition (semi-finals) in Singapore. They will now join the other four finalists that have been chosen to compete....
Professional services firm Deloitte has invested in blockchain startup SETL. The funding represents the first time the professional services firm has publicly invested in a blockchain startup, a Deloitte representative confirmed, though he declined to disclose the amount when reached. SETL, which is based in London, is one of a number of startups worldwide looking to apply the tech to payment and settlement, and it recently became part of a regulatory sandbox initiative launched by the UK's Financial Conduct Authority. The funding comes less than a month after the two firms announced the....
Coloured coins startup Colu has revealed it is embarking on a partnership with multinational consulting firm Deloitte. A Monday blog post from the Tel Aviv firm, which launched its open beta in August, said the collaboration will bring blockchain technology to "big new markets". Though details are scarce, the project will involve Rubix, the software platform that lets Deloitte clients build their own apps - including ticketing systems and registries - on the blockchain. Amos Meiri, Colu's CEO, told CoinDesk: "For the last couple of months we've been meeting with Deloitte representatives....