Bitnexo Wins South American Final of BBVA Competition
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....
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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....
London blockchain startup Everledger is the joint winner of BBVA's European Open Talent competition. The startup, which uses blockchain technology to tackle diamond fraud and theft, will be awarded a €30,000 prize ($33,939) as well as an invitation to develop a project with the multinational bank. Rounding off the competition series, with previous finals taking place in New York and Mexico DF, Everledger competed against fellow bitcoin and blockchain companies Safello and Vaultoro. Everledger's win alongside Origin – a marketplace that connects issues and investors in the corporate bond....
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....
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
Clients of BBVA Switzerland will be able to buy, store, and trade crypto assets with a digital account that comes with a cryptocurrency wallet. The new banking product will be available across the European Union as well as in a number of markets in South America. BBVA Switzerland Account Facilitates Cryptocurrency Investments The Swiss subsidiary of Spain’s banking giant Banco Bilbao Vizcaya Argentaria (BBVA) has announced the launch of a “100% digital investment account.” With the offering, the bank is trying to meet the needs of a new type of tech-savvy clients who....