FinovateSpring 2016 / BanQu
Presenter Profile:
How they describe themselves: BanQu is the only provider of global economic identities empowering and enabling people living in poor or depressed economic situations to join, participate in, and grow with the global economy.
How they describe their product/innovation: The BanQu App is a blockchain based identity platform that enables a secure and immutable solution that redefines financial inclusion by enabling economic opportunities for people living in extreme poverty. The BanQu platform uses a proprietary method of identification using a mashup of selfies and other personally identifying information to create an “Economic Identity”. This Economic Identity enables many approaches to allow networks of family and other relationships to participate in the global economy.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed
Contacts:
Bus. Dev. & Press: Timothy Myers, CPO, tim.myers@banquapp.com
Sales: Hamse Warfa, hamse.warfa@banquapp.com
Website: banquapp.com
Blog: banquapp.com/blog-banqu
Twitter: @BanQuApp
HQ: Austin, TX
Founded: March 2015
Product Demoed: The BanQu App
Product Launch: October 2015
Metrics: BanQu is a privately held financial identity network with approximately 20 employees.
Presenters: Ashish Gadnis (CEO & Founder), Hamse Warfa (EVP & Founder)
- Key Executives
Ashish Gadnis (CEO), Jeff Keisner (COO), Hamse Warfa (Vice Chairman), Mike Linton (CTO), Timothy Myers (CPO)
Key Stats
- Key Board Members
Seraina Maag (Credit Suisse), John McIntire, (Retired Credit Suisse, Latam CEO)
- Key Investors
Private Angel Group, Self Funding
- Key Advisory Board Members
Shannon Sedgwick Davis (Bridgeway Foundation, VP, Geneva Global, Director of Public Affairs, International Justice Mission), Seraina Maag (leadership positions for global companies including AIG, XL Group and Zurich, Credit Suisse), Mallori Morris (Poverty Activist, Executive, The Allen Morris Company, Director, The Akola Project), Zoe Schlag (UnLtd USA, Global Shaper, World Economic Forum, Advisor, Global Social Entrepreneurship Network)