Remittance

Bitwala Nominated to Pioneers Festival Top 70 Startups

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Bitcoin-powered remittance startup Bitwala has been nominated one of the top 70 startups in Pioneers Festival 2016.

The Pioneers Festival is one of the largest entrepreneurship and innovative technologies events in Europe, and will take place on May 24th and 25th in tVienna, Austria.

Key speakers of the festival include Wikipedia Founder Jimmy Wales, along with Jason Ball of Qualcomm Ventures Europe, Frédéric Mazzella of BlaBlaCar, and Valentin Stalf of Number26. PwC, Cisco, Konica Minolta and Austria Wirtschafts Service are official partners of the festival.

Bitwala was shortlisted out of 500 participating startups. Under the financial services category, Bitwala CEO Jörg von Minckwitz will showcase the company on May 23rd at the Pioneers Challenge Day. His presentation will be in front of 300 international investors and over 2,500 attendees.

Von Minckwitz commented on Bitwala’s nomination:

“My co-founders Jan Goslicki, Benjamin Jones and I are very proud and extremely excited to be in the top 70 in one of the biggest startup festivals in the world. This is an incredible opportunity for us to share what we do and share the joy of using Bitcoin to our peers in the industry.”

Since launching in early 2015, Bitwala has secured €800,000 in seed funding and over 2 million in transaction volume. The Netherlands-based company has introduced a Bitcoin VISA Debit Card and is developing a mobile app that will be available by third quarter of this year.

Hans Lombardo
Journalist, policy analyst, and evangelist of new, disruptive technologies including big data analytics, Internet of Things, and cryptocurrencies. Internet industry veteran with regional c-suite experience, and journalist credentials earned at internet.com, Internet World magazine, and Mecklermedia Corporation.