- Describe your startup.
Tokenizer Banx is the first Digital Bank combining both fiat banking and crypto into the same app. - What inspired the creation of the startup?
Personally, I (CEO and Founder Manindra Manjumdar) have been in crypto for many years and have always found it cumbersome to move between the fiat and crypto worlds. - What differentiates your startup from the competition?
Combining a fiat bank (Wells Fargo), crypto platform (Coinbase) and investment (Robinhood). - Who is the target market?
Individuals and businesses that want the convenience of using both crypto and fiat in day to day. - How did you grow your presence in your target market?
Initially we are launching in US in August 2022 with retailer users offering them banking and crypti accounts with a Visa debit card, ACH and Wire transfer capability. Then we will add investment capabilities and expand globally. - What stage are you at?
Building our MVP, we are at seed stage and also raising our $2 million seed from accredited investors. - What are some of the biggest challenges that your startup have had to overcome?
Biggest challenges has been building partnerships that us build our business model an transgress both the world of crypto and regulated banking. - What is next for the startup?
App launch in 2022. - Where would you like to be in the next 5 years?
In 5 years we see ourselves as a crypto aggregator where we can build various products & services on top of our platform. - If you had to give one piece of advice to an up and coming startup what would it be?
Talk to end customers while designing / building the product.
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