Oct 16, 2018
Recognized as a global leader in RegTech for blockchain, Coinfirm serves as a foundation for the safe adoption and use of blockchain. The Coinfirm AML/CTF Platform uses proprietary algorithms and big data analysis to provide structured, actionable data that solves compliance and transaction risk issues in blockchain and cryptocurrencies. The blockchain agnostic platform is currently used by anyone ranging from major financial institutions to exchanges. In addition, Coinfirm develops dedicated blockchain solutions such as the data provenance platform Trudatum that was recently integrated by the largest bank in CE.
Coinfirm, as one of the most promising British start-ups, was found among the participants of the Fintech Tech Nation program. The finalists of the program for the next five months will take part in sessions conducted by the most experienced specialists from the Fintech sector and develop a network of business contacts.
The organizers of the program sought after the companies that have their headquarters in the UK, have at least one client or run a pilot project, offer B2B or B2B2C services and are after the initial financing phases (from seed stage to financing under the A series). In case of developing companies, thanks to their own funds, the organizers allowed a maximum annual income of GBP 1.5 million.
Almost 100 companies operating in the Fintech industry have applied for the first edition of the program. From this group the jury of the program selected 20 businesses. Expert evaluators represented the banking sector (among others, RBS, Clydesdale Bank, Starling Bank), advisory firms (EY, 11: FS), funds (Seismic Foundry, Wealthify).
From September 25th to February 27th, 2019, selected businesses will participate in 8 training sessions, as well as networking meetings and will take part in a three-day international journey, the aim of which will be to promote the services offered.
Program participants will build on experience/benefit from experience of people like: Wendy Jephson (Nasdaq, Sybenetix), Stephen Lemon (Currencycloud), Sophie Hossack (Receipt Bank), Rishi Khosla (OakNorth Bank), Radboud Vlaar (Finch Capital), Justin Basini (ClearScore), Jon Bradford (Motive Partners), James Crowley (FundApps), Chris Hill (Kemp Little), Sophie Theen (11:FS), Justin Fitzpatrick (DueDill) and Carrie Osman (Cruxy&Co).
“Qualification to the Tech Nation Fintech program is a great honor for us. For the jury, which consists of experienced experts, we have proved to be a company with high growth potential. We believe that the knowledge and contacts gained through this program will accelerate this growth”
Paweł Kuskowski, CEO and co-founder of Coinfirm.
Coinfirm serves as a foundation for the safe adoption and use of blockchain. The Coinfirm AML/CTF Platform uses proprietary algorithms and big data analysis to provide structured, actionable data that increases efficiency, reduces costs and streamlines compliance to near automation. The company is currently analyzing over 500,000,000 addresses and close to 10,000,000,000 transactions on digital currencies markets.
A recognized leader in their field and among the most influential blockchain and regtech companies, the blockchain agnostic platform benefits not only companies operating around blockchain but also major financial institutions, asset management, and BI companies.
In addition, Coinfirm develops dedicated blockchain solutions such as their data provenance platform Trudatum, currently being piloted for adoption by multiple financial institutions. Trudatum is an easy to use blockchain solution to register and verify the ownership and authenticity of any type of document, file, or data