Bitcoin Startup Among First Finalists in New PayPal Incubator
PayPal has announced it is mentoring a Bitcoin startup as part of its first startup incubator in Singapore. PayPal Incubator Welcomes Bitcoin Startup. ONEPAY, which operates as OneBit, will join the nine-month program along with two other fintech startups: Prosecure and Invoiceinterchange. The startups will receive mentoring from PayPal executives as....
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The Bitcoin Foundation on Tuesday announced the eight finalists for the Startup Challenge taking place at the Bitcoin 2014 conference in Amsterdam this week. The eight finalists are divided into two groups, and they will be competing on Saturday, May 17th. Contestants for the "Won for the People" competition (presented by the Bitcoin Foundation) are: XBTerminal, who've designed a bitcoin point-of-sale terminal. StableWallet, a digital wallet that protects against price volatility. Mobbr, a "Plug-in to pay collaborators in Bitcoin on any platform"; and Open Asset Platform by Coinprism, a....
California-based startup accelerator Y Combinator has officially selected bitcoin ATM manufacturer BitAccess for admittance to its esteemed incubator program. Founded in 2005, Y Combinator has gained a reputation for empowering entrepreneurs and startups, with nine of its companies having since been acquired by Google and seven snapped up by Facebook - a track record that attracted BitAccess to the deal. Haseeb Awan, co-founder of the startup, indicated that while his firm has shied away from major investments in the past, the Y Combinator offer - which finds the incubator investing....
A startup seeking to use the Ethereum blockchain and artificial intelligence to create an identity authentication system has been accepted into REach, an incubator backed by the investment arm of the National Association of Realtors (NAR). Founded in 2015, Trust Stamp is now emerging from stealth mode, revealing $400,000 in funding for what it calls its FICO-like trust scoring system, with part of its funding coming from the REach incubator. The incubator is operated by Second Century Ventures, which is 100% owned by the NAR and conducts investments on behalf of the not-for-profit trade....
A Cambridge, Massachusetts-based company developing identity solutions for blockchain-based systems won $15,000 at a startup competition hosted by the venture arm of Spanish banking group Banco Santander yesterday. Announced in November, the Distributed Ledger Challenge was organized by Santander InnoVentures, the $100m FinTech venture fund created by Banco Santander in 2014, and Onevest, a venture capital network based in New York. The Amazon Web Services Pop-up Lofts, a working space located in Manhattan, hosted the event. Cambridge Blockchain, which won the event, was one of five....
Bitcoin custodian Elliptic has been selected to compete for a $50,000 prize in the Startup Challenge Finale at SWIFT's Sibos conference. Some 370 companies applied to take part in the challenge and Elliptic was one of 15 companies selected to compete in the Innotribe Startup Challenge showcase, which took place in London last week. Elliptic was one of two finalists in the growth-stage startup category, the other being xWare42, which enables banks to give customers additional information on their bank statements about their purchases. "We're very pleased to have been selected as finalists.....