Plutus.it

Description

Plutus' app is a gateway that connects the blockchain technology with pre-existing debit infrastructure to enable contactless payments with Bitcoin and Ethereum at millions of brick & mortar merchants all around the world. Plutus' app also rewards clients with tokens on the blockchain for any in‐store purchases. These tokens are called Plutons, and can be distantly compared to cash-back points or frequent flyer programs. 

 

 

Overview
Type:
Funding Status:
Foundation year:
Location:
Number of employees:
Founders: Danial Daychopan, Jasper Tay
Website: www.plutus.it
Target geographic market:

Awards:

About Product/Service
Products
Core product offerings for individual/retail customers
Differentiating features of product
Core product for bussiness customers
A free current account switch service
 
Sales channels
Product cost
Openning a current account (business and personal)
Monthly fees
Issuing physical card and delivery
Money transfers/payments
Currency exchanges
ATM withdrawals
Overdrafts
Other
Minimum USD deposit required to open (a) a personal account (b) a business account
(a) a personal account
(b) a business account
A free current account switch service

Key people

Funding rounds

Last Funding Date
Last Funding Amount
Last Funding Type
Total Funding Amount
Number of Funding Rounds

Financials

Customer/Products segments
Key product offering
Major shareholders
Banking license
Type of customers
Number of customers
Estimated revenue
Number of investors
Number of lead investors
Names of lead investors
M&A

Tech stack

The technologies that underpin a platform (FX, identity, infrastructure, security, payments gateways, business systems, APIs, etc.)
Is your banking platform fully developed internally or customized from a third party platform?
Do you have an in-house or outsourced development team?
Number of in-house technology employees
Number of outsourced technology employees
What are the technology headcount projections?
Please name all third party technologies you integrated from KYC to Accountanting tools like Xero, etc.

Competitors

Founding Date Type Tags
x
Fenergo

Fenergo is the digital enabler of client and...

2009 Private Fenergo
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PayPal

PayPal (NASDAQ: PYPL) is devoted to...

x
Onfido

2012 Private Onfido
x
Gemalto

Gemalto is an international digital security...

2006 Private Gemalto
x
Hello Soda

Hello Soda provide ID verification, fraud...

2013 Private

Reviews

Related News

ASQUISTIONS

DateCompanyAmount
11 May, 2017

Differentiating factors/Innovation points

Plutus is a true peer-to-peer transfer of value. The app connects you with traders on a Decentralised Exchange Network (DEX). By connecting the existing NFC payment infrastructure with blockchain technology and smart contracts, we solve the universal problem of weak merchant adoption of Bitcoin.