This post is part of our live coverage of FinovateEurope 2015.
CoinJar is the eminent digital finance platform in the Australian market. The company’s co-founders are making their way to the stage.
CoinJar lets users buy, sell, send, receive, and spend digital and traditional forms of currency using the blockchain technology that underlies bitcoin. With a simple user interface designed for the average consumer, CoinJar bridges legacy payment systems and new digital platforms. It opens the potential for bitcoin to become the future of global remittance payments, automated escrow, smart contracts, digitized asset ledgers, and secured and signed user cryptography.
CoinJar also has an open API, allowing developers to innovate on top of the CoinJar platform to adopt the best of blockchain technology for uses other than currency.
Presenters: Co-founders Asher Tan and Ryan Zhou
Product launch: December 2014
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B)
HQ: London, United Kingdom
Metrics: AU$450,000 raised in venture capital and angel investment; more than 40,000 users; more than $50 million in exchange transactions in Australia; 285,000 BTC sent between CoinJars worth $150 million; 13 employees
Website: coinjar.com
Twitter: @GetCoinJar