|Product||Decebtralized Banking SaaS Exchange|
BankEx builds interledger protocol to connect banks, fintech companies and end-customers. We leverage best of class fintech products provided by fintech partners to construct tradable smart assets that unlock value for our bank-customers.
BankEx solves problem of underderutilization of bank assets and losing loyalty of underserved clients (our platform powers solutions such as off-balance sheet funding for declined loan application; factoring chain products; leveraging external infrastructure for KYC and sales; selling bank infrastructure for KYC and sales of complementary products).
|Inception||2016||Number of Clients||9 banks|
|Headquarter||Russia||Number of Partners||1 stock exchange + IBM blockchain garage Singapore + Microsoft|
|Founders||Igor Khmel||Stage of Development||Early Stage/Bootstrap|
|Geographic Diversity||Asia Europe Global||Money Raised From||Angel|
|Year||Year Total revenue growth $M||Total Funding Raised $M||Total Funding Expected $M|
won $80K Skolkovo grant at GoTech competition + $120K grant from Microsoft
were invited to the finals of Fintech & Cybersecurity StartupBootcamp Amsterdam (did not go there)
were selected for Fintech Innovation Lab pitch in London
got to the finals of Barclays Tech Stars Tel Aviv
won blockchain hackathon organized by Life.SREDA, got invited to Singapore fintech festival as winners