The startup BABB has the vision that “Everyone is a bank”. Founded in 2016, UK, BABB is revolutionizing the financial industry by using Blockchain technology. Instant and secure payments without the need for any financial institution is their main aim. Using BABB’s app, customers can send money across the world, exchange currencies, lend and borrow money and fund projects. Additionally, the startup became an FCA Authorised Payment Institution. BABB will also aim to have a banking license in the UK in August 2018, making it the first regulated blockchain bank in the world.
You can find out more about the startup BABB in our article.