Story image

‘Banking for blockchain’ platform raises AUD$37m in pre-ICO round

20 Sep 17

ASX-listed blockchain solutions company DigitalX has announced Bankera has successfully closed its Pre-Initial Coin Offering (ICO) round by raising €25m (AUD$37m). 

Bankera, a digital fintech solution platform based in Europe, has closed €25m via the sale of 2.5 Billion Banker (BNK) tokens at €0.01 each.

Bankera is building a regulated bank for the blockchain era, so it means it will be a digital bank with traditional banking services (eg, giving out loans) and will support both cryptocurrencies and regular currencies.

With DigitalX as its corporate advisor, it held the token sale to fast-track the development of a ‘digital bank’ for consumers operating in the blockchain era.   

“This announcement is an exciting milestone for Bankera,” says Leigh Travers, DigitalX CEO.

“The result of its latest pre-ICO round is a testament to the strong interest and demand for the project being developed.

“At the same time, we’re excited to see how Bankera will disrupt the traditional banking sector with its innovative blockchain-enabled innovation.”  

Eva Kaili, Bankera advisor and European Parliamentarian adds, “With over 15,000 investors supporting our project and a team with a track record of success, we were confident of a successful token sale. The support from our community has exceeded expectations and we look forward to delivering on our mission.”

Bankera’s ‘digital bank’ will provide traditional banking and investment banking services to the blockchain marketplace including payments, loans and deposits and investments.

In particular, it will offer businesses instant payment settlements - using proprietary know-your-client (KYC) and fraud detection solutions - to collect information about the incoming payments and automatically settle transactions which otherwise could take weeks.

Throughout the pre-ICO process, DigitalX provided a range of industry-specific and traditional corporate advisory services, as well as marketing services to Bankera. 

With the strong demand for the pre-ICO, Bankera expects to raise further funds through an ICO at a price of €0.017 in the near future.

It also expects to receive a banking license by 2019.

Bankera is an operational fork of SpectroCoin, a product with more than 300k users, 50k cards issued and all the necessary IT infrastructure. 

How blockchain will impact NZ’s economy
Distributed ledgers and blockchain are anticipated to provide a positive uplift to New Zealand’s economy.
25% of malicious emails still make it through to recipients
Popular email security programmes may fail to detect as much as 25% of all emails with malicious or dangerous attachments, a study from Mimecast says.
Human value must be put back in marketing - report
“Digital is now so widely adopted that its novelty has worn off. In their attempt to declutter, people are being more selective about which products and services they incorporate into their daily lives."
Wine firm uses AR to tell its story right on the bottle
A Central Otago wine company is using augmented reality (AR) and a ‘digital first’ strategy to change the way it builds its brand and engages with customers.
DigiCert conquers Google's distrust of Symantec certs
“This could have been an extremely disruptive event to online commerce," comments DigiCert CEO John Merrill. 
Protecting organisations against internal fraud
Most companies tend to take a basic approach that focuses on numbers and compliance, without much room for grey areas or negotiation.
Telesmart to deliver Cloud Calling for Microsoft Teams
The integration will allow Telesmart’s Cloud Calling for Microsoft Teams to natively enable external voice connectivity from within Teams collaborative workflow environment.
Jade Software & Ambit take chatbots to next level of AI
“Conversation Agents present a huge opportunity to increase customer and employee engagement in a cost-effective manner."