Digital banking specialist Humaniq is putting its weight behind a Washington-based startup focused on driving investment into new areas of fintech.
Called Securrency, the company aims to automate regulatory compliance for investors looking to put their capital into emerging technologies. It’s now being supported by an investment round led by Humaniq, which will also provide technology for Securrency’s platform.
The partnership comes soon after Humaniq began a trial in Ghana of its digital banking platform, which uses mobile biometric authentication to verify users for its blockchain-backed HMQ cryptocurrency. Humaniq’s collaboration with Securrency appears to signal the UK-based company’s intention of expanding beyond its initial financial inclusion mandate into new areas of digital finance, with the company also planning to launch a Humaniq Venture Fund and an accelerator program for technological startups.
In a statement announcing the companies’ partnership, Securrency CEO Dan Doney explained, “Humaniq’s extensive technology network provides us opportunities to partner with world-class practitioners in some of the most important emerging technologies in the 21st century including blockchain, artificial intelligence, and longevity research.”
September 7, 2017 – by Alex Perala