Cambridge Blockchain Raises $2 Million from Digital Currency Group, Partech Ventures
Fintech vendor's solution aims to help firms with know-your-customer (KYC) costs via blockchain technology.
The infusion of capital will help fund three pilot projects Cambridge Blockchain is on the cusp of starting with global banks, according to CEO Matthew Commons. He tells WatersTechnology the vendor hopes to complete the projects by the end of 2017, followed by a commercial launch soon thereafter.
And while he wasn't able to specifically name the firms Cambridge Blockchain is working with, Commons did say the company has maintained a good relationship with BBVA and Santander after winning their
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