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Bank4YOU Group (BFY)

ICO

Mobile Money Remittance System – Money transfer and cash withdrawal on blockchain.

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Overview

Project industryFinance Services & Banking
WhitepaperBank4YOU Group White Paper Open

What is Bank4YOU Group

Bank4YOU Group provides customers with a wide range of pre-paid card options as well as other financial solutions. Various fin-tech products are developed for people with active lifestyles, such as students, tourists, migrant workers, and frequent travelers.

One of Bank4YOU Group’s core services is TaxFree4U, a VAT refund mobile app available to non-EU customers shopping in Europe.

Bank4YOU mobile app will also enable financial inclusion for people who are in desperate need of easy access to financial services in countries across Africa, Asia, and Latin America.

Bank4YOU operators will also benefit from increased subscriber activity as new customers join as a result of Bank4YOU Group’s local marketing activities.

Bank4YOU service will support intra-operator transfers so individuals on different networks can still engage with each other using their Bank4YOU mobile wallets.

Customers would be able to transfer money to other countries with minimal commission fees and without being at the mercy of restricted opening hours or the challenges faced when dealing with traditional financial institutions. Business users will also have the opportunity to reduce their transaction costs and potentially execute free payments to their suppliers.

Details

Public sales: Nov 06, 2017 - Mar 31, 2018
Raised: 6,721,543 USD

Token info

Ticker: BFY
Token price in USD: 1 Token = 0.210000 USD

Bank4YOU Group Roadmap

1
2013

Establishment of Bank4YOU

2
2015

Implementation of Bank4YOU card solutions

3
2016 Q1

Launch of mobile banking app followed by its release on App Store and Google Play

4
2016 Q4

Transformation into Bank4YOU Group due to business growth and market expansion

5
2017 Q4

ICO Mobile Money Remittance System project launch

6
07.11.2017

Participation at FinovateAsia 2017. Presentation of demo version of mobile app with MMRS functionality.

7
2018 Q1

Creation of Bank4YOU mobile network operator consortium to provide digital infrastructure for MMRS project

8
2018 Q3

MMRS project beta version launch

9
2018 Q4

MMRS final version release.

Project team

Adam Lane
Adam Lane
Managing director
Adam Lane linkedin
Peter Davis
Peter Davis
Chief financial officer
Peter Davis linkedin
Justin McCarthy
Justin McCarthy
Chief marketing officer
Justin McCarthy linkedin
Tariyel Tahirov
Tariyel Tahirov
Vice president, business development, Middle East and СIS
Tariyel Tahirov linkedin
Paul Scott
Paul Scott
Vice president, business development, Africa
Paul Scott linkedin
Paul Griffiths
Paul Griffiths
Chief Operating Officer
Paul Griffiths linkedin
Shantnu Saxena
Shantnu Saxena
Chief executive officer
Shantnu Saxena linkedin

Advisors

Deborah Mills
Deborah Mills
Legal adviser
Deborah Mills linkedin
Peter Burningham
Peter Burningham
Talent acquisition adviser
Peter Burningham linkedin
Andrew Malek
Andrew Malek
Banking Technology Consultant
Andrew Malek linkedin
Malcolm Bloom
Malcolm Bloom
Financial Adviser
Malcolm Bloom linkedin
Shahnawaz Aziz
Shahnawaz Aziz
Technical Architecture Adviser
Shahnawaz Aziz linkedin
Nicolas Kadri
Nicolas Kadri
VP for IR
Nicolas Kadri linkedin

Social media

Bank4YOU Group web-siteBank4YOU Group RedditBank4YOU Group MediumBank4YOU Group TelegramBank4YOU Group BTCTalkBank4YOU Group LinkedInBank4YOU Group TwitterBank4YOU Group Github

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