Tradle is using a blockchain to bridge internal and external financial networks to achieve user controlled KYC portability
Tradle is using the blockchain to build a KYC network to bridge both internal (intrabank) and external networks (utility to bank to telecom), to allow portability of KYC data, with full user control. There are several solutions on the market today that allow banks to exchange KYC data like KYC Exchange for commercial bank or SWIFT's KYC registryThere are several solutions on the market today that try to make data capture and verification painless for the customer like WebID and Jumio.There are no solutions on the market today that give the user something back from the KYC process, that puts the user in control of their KYC process and data, and most importantly for the banks that allow banks to make that process and data easily auditable to regulators. Because that's really what banks care about
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jul 19, 2015 | Seed | €15K | 2 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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Startupbootcamp | — | Seed |
Startupbootcamp FinTech London | — | Seed |