Bitcoin and Blockchain Startups Excel at BBVA Open Talent 2015
Several Bitcoin and blockchain firms have excelled at the global fintech competition BBVA Open Talent 2015 organized by BBVA. Among the leading names are Bitnexo, Bitso, Volabit, Bitwage, Snapcard and Safello. Safello recently also entered into a Proof-of-Concept (PoC) agreement with Barclays to co-create a Bitcoin platform. Frank Schuil, CEO of Safello said, "We are delighted to see mainstream banks embrace Bitcoin and look forward to getting a chance to work with BBVA to explore how our platform can benefit them. Our selection for Open Talent 2015 shows that his innovative technology is....
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Nine crypto startups have made it through to the finals of this year's BBVA Open Talent competition. The Spanish multinational banking group's global fintech startup competition is split into three regional finals. The European final will be held in Barcelona - where Everledger, Safello and Vaultoro will compete. The South American final will include Bitnexo and Bitso among its other finalists. Bitwage, Coinalytics, SnapCard and Voatz will compete in New York, alongside startups from the US and other parts of the world. Each of the six winners will receive a €30,000 prize and the....
Bitnexo co-founder and CEO Darren Camas receiving his prize. Bitcoin-based platform Bitnexo has been announced as the joint winner in the Latin American final of BBVA's Open Talent competition. The startup, which intends to facilitate international money transfers between Asia and Latin America, will receive a €30,000 prize ($33,939) as well as the chance to join a two-week networking programme in Mexico and London. The other winning company was Destacame, a Chilean startup that helps people gain access to credit. Hugo Nájera, head of digital banking at BBVA Bancomer, commented on the....
Safello, the Stockholm, Sweden-based bitcoin exchange, has moved a step closer to becoming a dominant European bitcoin exchange by winning a finalist spot in the BBVA Open Talent 2015 competition. The contest, now in its seventh year, awards innovative financial technology ("fintech") projects that contribute to the financial service industry's evolution. BBVA (Banco Bilbao Vizcaya Argentaria, S. A., a multinational Spanish banking group), launched its Open Talent contest to seek ideas that will disrupt the financial service industry in e-commerce, security, mobile payments, data and....
CoinTelegraph spoke with Jose Rodriguez, the VP of payments at Bitso, a Mexican based Bitcoin exchange, payment processor and Ripple Gateway, on the country’s cryptocurrency prospects, and whether BBVA could be the most bitcoin-friendly bank. BBVA’s Innovation Center is not only one of the first to publish a cryptocurrency tutorial on YouTube, but was also part of the investors in the US$75m funding round for Coinbase in addition to hosting an Open Talent challenge where 10 of the 50 finalists are Bitcoin and Blockchain based startups, which included Bitso. Additionally, seven months ago....
Do you wonder how big banks view Bitcoin? BBVA, who recently ranked Swedish exchange Safello as a finalist in their annual financial technology competition, BBVA Open Talent, followed up with a short explainer video on Bitcoin. In the space of three minutes, BBVA customers are treated to an accurate portrayal of how Bitcoin works from the perspective of a consumer. Also read: New York Stock Exchange and Former Citigroup CEO Invest in Coinbase; https://www.youtube.com/watch?v=l8S-wkpBDW0