FinBlocks is a state of the art technology provider enabling future proof solutions in a secure and compliant way, quickly and easily.
Security and compliance are at the core of FinBlocks, reducing risk through providing clients with enhanced identity checks and augmenting user data with other sources of information will minimize the risk of fraud and money laundering.
FinBlocks will facilitate payments into the system. All FinBlocks transactions will be recorded and logged on the secure transaction ledger.
Banks, financial institutions, and businesses spend a lot of time on money managing and maintaining a transactions ledger because often they are operating with old technology systems that have undergone decades of mergers and acquisitions.
Partnering with third party service providers and pushing the state of the system to a public Blockchain will reduce the risk of fraud being carried out over the system. In particular, the Blockchain element creates a transparent, immutable record of all the transactions carried out over the system. This allows for independent, unbiased audit.
Security and compliance are at the core of the system and reducing risk through providing clients with enhanced identity checks and augmenting user data with other sources of information will minimize the risk of fraud and money laundering for the clients of FinBlocks, all easily and in an automated way.
A key capability from both a functional and regulatory perspective will be the ability for the system to hold client funds on behalf of its customers in a way similar to an escrow; however, it will be more automated with no need for emails or call centers because customers of FinBlocks will integrate seamlessly through an application interface or API.
Experts to meet the challenges of blockchain development and implementation on a global scale.
Chris is CEO of Crowd2Fund, a technology led, FCA regulated finance company. We offer a new generation of investments to pioneer a cultural shift away from the traditional banking systems. We focus on finding innovative businesses and connect them with like-minded investors.
Mike has over 15 years of commercial experience working in the IT and software development space. He is currently focussed on blockchain technologies and serves as the chief software engineer for FinBlocks.
Ben is an alumnus of King’s College London, having completed both undergraduate and postgraduate studies there. Having initially worked on the FCA regulatory material, he is now responsible for the day-to-day management of the system’s processes.
Be part of our global team as we look to hire in key positions in the coming months ahead.Get in touch
Having developed the first iteration of our software and integrated with an initial client, we are now raising a second round of funds. This will allow us to focus on expanding the system's anti-fraud capabilities, implement blockchain technology, and begin to win new clients.
After raising a seed round of £300,000, we are seeking a further round of £500,000 to allow us to carry out a 12 to 24 month roadmap.Invest now
The team has been pulled together with a design and product led approach but also extensive Blockchain experience.Read article
The initial software design has been completed through the development of a front end specification and set of wireframes.Read article
"I’m really excited about investing in a new BlockChain start-up as I’m really confident the valuation is going to increase and I really believe in the benefits and opportunity BlockChain will bring in the future."Richard Yates
"I really like the idea of FinBlocks as it’s competing in the marketplace because it’s offering existing services but more because it is built on the BlockChain. It is because of this competitive advantage that I decided to invest."Debbie Harding
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