Photo - Baanx Group Ltd.
54626

Baanx Group Ltd.

United Kingdom
Market: Financial services, Blockchain, Crypto currency
Stage of the project: Operating business

Date of last change: 25.10.2021
Show contacts
1
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

B2B provider of infrastructure for crypto and digital asset companies.

Current Status

500,000+ cards sold
Rolling out Tezos Crypto Life app in Oct. 2021
via our 20+ clients we have access to 15% of the worlds Bitcoin

Problem or Opportunity

1) No good bridges between digital and fiat world.
2) Not enough digital friendly infrastructure available to new digital companies, fintechs, financial institutions wanting to get into digital assets.
3) Compliance, regulation is hard to navigate

Solution (product or service)

1) physical + virtual crypto friendly debit cards (Mastercard, Visa)
2) crypto friendly corporate bank accounts (USD, EUR, GDB, settle in 20+ currencies, virtual IBANs
3) Fiat on/off ramps (acquiring)
4) Textbit- remittance, send funds/crypto to anyone in your mobile address book
5) 100% managed service - we take all the KYC/AML risk.
6) We pioneered 'free' lending against your digital assets- as a service.

Business model

we make a small % on all transactions
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility446
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video