$1,479,058 Invested and Unocoin – Bitcoins largest Company in India, opens their ‘Series A’ funding round to qualifying investors on BnkToTheFuture
Unocoin is being called the “Coinbase of India” – the leading Bitcoin Company in India that provides a simple, safe and secure way of buying, selling, sending, receiving and storing Bitcoins.
In India 95% of the people do not own credit cards and 50% do not have a bank account (unbanked) due to the country’s poor financial and payments infrastructure. Many people are now looking towards Bitcoin in order to save and use as an alternative electronic banking system or use it in international remittance transactions.
Prior to Unocoin, there was no simple solution to transact Bitcoin in India in the comfort of one’s home and online. Most of the transactions took place offline, which required physical meet-up points along with duffle bags of cash to exchange into Bitcoin.
For merchants, Unocoin helps them process international transactions with Bitcoin for a fraction of the cost and in a fraction of time.
For regular consumers, Unocoin helps lower the cost of international remittance transactions, the time it takes to send and receive funds in India, as well as serve the unbanked community.
You can see full details on UnoCoin here.
- Annualised Unocoin market trading volume reached $7.3M (growing >18% month-over-month compounded since July 2014)
- 17,000 registered users with over 8,000 transactions in July 2015
- Top tier investors including Pantera Capital (Blockchain VC), Digital Currency Group (Barry Silbert – leading Bitcoin investor), Mumbai Angels and Bitcoin Capital (Bitcoin VC Fund managed by Simon Dixon – CEO of BnkToTheFuture, and Max Keiser – Bitcoin investor / evangalist)
- Several strategic partnerships for API Platform Infrastructure such as – BTCjam; Coinkite; Bitaccess; Circle; Purse; Vogogo; Crypto Capital and TravelSmart, offer Bitcoin service to consumers to purchase transportation services such as bus ticket, flight tickets, etc.
Qualifying investors can check out UnoCoin here.
In The News
Episode 4 of our weekly show – Crowd Factor is now available to view. Every week our CEO Simon Dixon and Bitcoin investor and evangalist – Max Keiser share the latest in Financial Innovation news.
Each week, only one company gets to Pitch their business to them for investment from Bitcoin Capital. If they invest, then qualifying investors might be able to co-invest with them on our online investment platform. If they don’t, qualifying investors get to prove them wrong and invest without them.
Other BnkToTheFuture News
The Banking 2.0 Platform that is combining the safety of Gold with the speed of Bitcoin, has raised almost 50% of their minimum funding goal. You can check out Vaultoro here.
Ending In The Next Few Hours:
The StartCOIN Mining Backed Security that is paying qualifying investors daily dividends has reached its Minimum Funding Goal and is fast approaching the Full Funding Goal. You can check it out here.
Ending In 8 Days:
Bitcoin Capital Tranche 2 has surpassed the $800k invested mark and investors will be receiving their dividends every day for as long as the mining process is profitable. You can check out Bitcoin Capital Tranche 2 here
New Feature Coming Soon:
With all these returns and dividends being paid to investors every day, we are ready to release the technical feature of the ability to reinvest your dividends. In the next release of the platform (due in the next week or two) you will be able to invest your dividends and top up at point of investment. You will also be able to download all legal documents directly from within the portfolio section of your account. We will also be releasing new security features such as 2 Factor Authentication to protect your returns.
Complimentary Investment On us:
First time qualifying investors are able to receive a complimentary investment on us. Click here to find an opportunity you like
More Financial & Technological Innovation:
Look out for more great financial innovation and technology investment opportunities coming soon. If you are involved in financial innovation then we would love to receive and review your application and see if you qualify to raise investment with us. You can see our live Pitch statistics and success rates when you scroll down on our home page. Once you have checked them out, make a quick application for finance here and we will review.