UnbankedX pilots blockchain based banassurance platform in the Pacific region. Where economies of scale do not exist and markets under-served, our product low operating costs will help financial partners in that region to succeed. More will be revealed in May 2019
Europe is one of the biggest markets for digital banks. According to the European Banking Federation (EBF), the total value of loans outstanding from EU MFIs increased by 3.9% in 2017 to more than €24.5 trillion, surpassing the previous peak in 2011. The increase derived from growth in loans to…
We have started to offer finance to farms in the Philippines benefiting potentially up to 40,000 farmers with small crypto pegged loans with 3.5% pa returns 6-18 months tenure through our cooperative partners there
We have hit 10,000 users and grown rapidly. A lot of work still lies ahead to increase transactions Nonetheless our system has been gradually become one of the few bridges between the US$115b crypto market and micro-lenders.
We have placed another stealth team in Dubai and Abu Dhabi to initiate research with a local partner to conduct feasibility studies to launch micro insurance services in the region
Avontrust Group acquires UnbankedX from the original founders and invests to scale the business
UnbankedX team wins US$10,000 from a leading crypto brand ahead of 600 competitors to conduct feasibility studies in Kenya and to launch our service
We hired a stealth team in the US and parts of South America to start researching and building a community of users we can launch with from 2023 onwards
How did we start? A former banker with a leading UK bank and a tech guy met for coffee in Singapore to talk about how blockchain was going to disrupt banking. The result - UnbankedX - a fully automated digital bank based on blockchain technology was conceived!