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Status: Expired

Feb 22nd 2021 - Aug 20th 2021

Baanx is a Business to Business to Consumer (B2B2C) banking platform that is Application Programming Interface (API) driven and digital-friendly. It aims to become a contender in the digital asset financial services market that is expected to rise and expand to over 580 million people or 7+% of the world population by 2022. Baanx argues that it is disrupting the slow and expensive banking sector by leveraging blockchain to launch secure and low-cost banking products and services, with a few lines of code. Baanx offers its users 'Digital wallets' (via API or a custom mobile app), crypto-friendly debit cards in physical and virtual formats, and allows users to send fiat or cryptocurrencies to anyone in their contact list with 'zero' Foreign Exchange (FX) fees, through its proprietary software, TextBit.  

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    1
    investors

    £9,500,000
    pledge per investor

    11155938
    company number

    Active
    company status

    17/01/2018
    incorporated 6 years

    Previous Funding rounds
    25 Mar 24 Angels Den £9,500,000 / 99%

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Plerith works with high growth start-ups and scaling companies to plan for and deliver growth. The company asserts that it helps companies promote their business to potential funders, through its network of angel and venture capital investors depending on the stage and sector of the said business. Plerith is partnering with Newable and Bristol Private Equity Club to deliver the fund in the South West London (SWL) area and identify and invest in the most exciting high growth companies in the region. Plerith argues that its deep knowledge of fundraising, sales, strategy, finance and technology would help SWL businesses flourish. Plerith aims to provide investors access to the highest quality local companies in the SWL region.
days to go: Stretch investment: Withheld

Log in to view amount pledged

    Log in to view target

    1
    investors

    £9,500,000
    pledge per investor

    11155938
    company number

    Active
    company status

    17/01/2018
    incorporated 6 years

    Previous Funding rounds
    28 Mar 24 Angels Den £9,500,000 / 99%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

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