MOST PROMISING EUROPEAN BLOCKCHAIN STARTUPS TO WATCH
Settlemint – Settlemint was founded in 2016 in Leuven, Belgium, by Matthew Van Niekerk and Roderik van der Veer. With over €5 million in funding, SettleMint is democratizing blockchain as part of the business environment of the future. The company provides the infrastructure to simplify blockchain application design, building and integration through a reliable and scalable proprietary low-code solution of BPaS or “Blockchain as a Service” so that companies can go from scratch to blockchain application cases with faster speed and less complexity.
Colendi – The Swiss fintech startup Colendi innovates in providing a global financial passport to its clients. Founded in 2016 by Bulent Tekmen, Eray Eren, Mihriban Ersin Tekmen, and Serkan Omerbeyoglu, the company aims to be a source for a democratized credit scoring evaluation method based on blockchain technology, with users receiving an ID that serves as a global financial passport. Its goal is to create a tool for unbanked people and small businesses around the world to have greater access to micro-financing. Their bot credit scoring mechanism wants to be the trust link between lenders and borrowers in that sense. Colendi has raised €2.3 million to date.
Coinfirm – London-based Coinfirm, founded in 2015, aims to act as a foundation for the safe adoption of blockchain by all actors in the economy, including traditional financial institutions, governments, regulators as well as ordinary citizens. Its anti-money laundering (AML) for virtual currencies and blockchain actors allows financial institutions and regulators to safely engage with the crypto world. It has also created its own token, the AMLT, and offers incentives for users to report ransomware and other scams. So far the team has raised around €5 million, with its last funding round being earlier this year.
Source Credit: EU-Startups