Onward & Upward - Batch 4: The Open Finance Network

May 26, 2020

The ongoing pandemic may have been an inconvenience, but it has certainly not stopped us. Starting their 12-week journey with us today, we are proud to introduce one of our larger cohorts to date, the OpFi Network! 

In our February newsletter, we wrote about the rapidly growing industry that is open finance and its appeal of transparency, self custody and permissionless access in financial solutions.  

Our latest batch brings together 7 promising projects who have already forged partnerships with the likes of UNICEF, Google, and received investments from Softbank, 500 startups and others. 

 

Commenting on the launch, Deng Chao, Managing Director at HashKey Capital, said “The growth of the blockchain ecosystem needs to be an undertaking that is both directed and purposeful. LongHash Ventures has demonstrated its unparalleled sourcing network and hands-on venture building capability in the past 2 years. As a strategic investment partner of LongHash Ventures, we’re excited to continue our unwavering support for LongHash Hatch projects.”

 

Together, we look forward to facilitating the growth of the open finance ecosystem.





 

Credmark: The world's first digital asset credit bureau to equip financial institutions with non-traditional credit data based on blockchain financial history and private data. Backed by SOSV (backer of Chinaccelerator), Dlabs (by Cardano). 

 

https://credmark.com/

Neil Zumwalde, Founder & CTO: neil@credmark.com / https://www.linkedin.com/in/neilzumwalde/

Paul Murphy, Founder & CEO: paul@credmark.com / https://www.linkedin.com/in/prmurphy/

 

 

 

Hashstacs: A white-label solutions platform helping financial institutions with efficient consolidation of records and easier transactions using blockchain. Part of Singapore government's blockchain Project Ubin, other partners include Gibraltar Stock Exchange (GSX) and Hong Kong-listed Chong Sing Holdings FinTech Group.

 

https://stacs.io/

Jay Ng, Managing Director: jay.ng@stacs.io

Benjamin Soh, Managing Director ben.soh@stacs.io

 

 

Pravica: Emails and communications software which provides privacy and security through blockchain, and enables payments via email. Funded by 500 startups. Currently used by 1 bank and 2 IT companies.

 

https://pravica.io/

Mohamed Abdou, Founder & CEO, https://www.linkedin.com/in/mohamed-abdou/

 

Puma Browser: Puma is a mobile browser/platform focused on seamless payments and data privacy. Investors include Stefan Thomas (Founder of Coil.com), Greg Kidd (Hard Yaka, earliest investor in Twitter, Square, Coinbase) and others.

 

https://www.pumabrowser.com/

Yuriy Dybskiy, Founder & CEO, https://www.linkedin.com/in/dybskiy/

 

 

StaTwig: SaaS startup for efficient tracking of vaccine and food supply chain using blockchain and IoT. Partners include UNICEF and Gavi, and are in consideration to handle the tracking and monitoring of the COVID-19 vaccine, which is slated for a 2021 release.

 

Sid Chakravarthy, Founder & CEO: https://www.linkedin.com/in/sidchakravarthy/

Viewbase: A blockchain analytics platform for cryptocurrency traders, with proprietary data models including: Exchange Deposit Tracker, Inflation Tracker, and Crypto Sector Indices. 

Founder from Citibank.

 

https://www.viewbase.com/

William Chen, Founder: https://www.linkedin.com/in/williamchen/

 

 

Xend: An African end-to-end merchant solution including inventory management, payments and business intelligence. Backed by Google, Binance. Has >50k users, >3k merchants, and USD180k GMV worth of merchandise.

 

http://xend.africa/

Aronu Ugochukwu Ifeanyi, CEO: https://www.linkedin.com/in/ugochukwu-aronu-4477a59b/

Abafor Chima, CTO: https://www.linkedin.com/in/chima-abafor-56801a90/

 


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