Fintech Startup Billon Raises $2 Million to Tokenize Fiat into Digital Cash
Billon, a former Polish based now London-headquartered start-up, has raised $2 million to “further investment in its UK and Polish partnerships,” according to a press release. Somewhat uniquely, the start-up claims they have implemented a “proprietary blockchain technology,” which turns fiat into digital cash. They state they are “interconnected to 2 banks, 6,000 ATMs and 18,000 kiosks through partnerships in Poland.” We found it difficult to learn more about its underlying infrastructure. There is no code to analyze, no technical whitepaper, any public information appears very general,....
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Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion.
Capital Raised to Fund Flutterwave’s Expansion Plans
The Nigerian fintech startup Flutterwave recently announced it raised $250 million in a Series D funding round. The latest capital raise, led by B Capital Group, saw the fintech firm’s valuation increase to over $3 billion.
According to a statement on the remittance and....
A blockchain startup that will enable the purchase of digital tokens for cash has raised $1.2 million in equity financing. Safe Cash Payment Technology (SCPT), as the startup is called, aims to amalgamate the traditional banking protocols with the Bitcoin-led digital currency systems. The service briefly involves banks in the process of selling its native digital currencies by appointing them the role of distributors. Customers only need to visit these banks and purchase the digital tokens in exchange for cash. Though a highly centralized system, SCPT ensures its protocol to be the easiest....