10 Most Promising Malta-Based Blockchain and AI Startups To Watch In 2021
Ram Tumuluri “While the travel industry has suffered in recent months, blockchain and AI startups have remained solid, with several Maltese companies receiving funding in 2020. In light of this, our team has assembled a list of fresh-faced Maltese startups established in the last few years that we expect to take off in 2021 and beyond”.
Malta-Based Blockchain and AI Startups To Watch In 2021
Solfy Fintech Startup
Solfy is a Fintech startup that establishes a unique international ecosystem of banks, retailers, and consumers in which banks offer loans to customers, customers make transactions using the Solfy mobile app and credit cards backed by free loans that are repaid in fixed monthly instalments, and merchants fund loan interest. Solby has closed four funding rounds currently, with the last being late 2019 for €1.2 million.
Quidax Cyrptocurrency Exchance
Quidax, which was created in 2017, is Africa’s first user-focused cryptocurrency exchange, taking advantage of its location in the Mediterranean Sea. Its team, based in San Gwann, makes it simple to buy cryptocurrencies with local currency, making them available even to beginners. Its target for 2020 is to create the liquidity required to power the next wave of remittances, which will be four times cheaper, eight times faster, and much more efficient.
Pacific E-commerce payment system
Pacific, which was established in 2017, has formed a new media and e-commerce payment system based on Smart QR codes. Its 9 microsystems allow users to pay using QR codes, make instant transactions in any currency, freeze the value of their funds online, and use their smartphone as a payment terminal.
Founders Bank Blockchain Digital Technology Startup
Founders Bank is a corporate challenger bank that focuses on the tech industry, including blockchain and other digital technology. It was established in 2018. Its team aspires to provide banking services on a cutting-edge technology platform with a strong focus on customer satisfaction. Having raised €9.1 million, the startup is negotiating with the Malta Financial Services Authority to acquire an EU banking license, after which it will be able to sell its services across Europe and beyond.
EZ365 Blockchain Startup
EZ365 is a groundbreaking platform that allows users to play, exchange, and learn from digital channels. It was created in 2018. Its experience is easy, user-friendly, and enjoyable, and it is made up of three distinct platforms (EZ Win, a blockchain-based digital asset casino; EZ Trade, a digital asset exchange; and EZ Academy, a blockchain/cryptocurrency educational platform). Its management has major ambitions for 2020 and beyond, including promoting cryptocurrency adoption.
KuBitX Blockchain Startup
KuBitX was founded in 2017 with the aim of educating and empowering people from all walks of life to participate in the blockchain revolution. The startup’s vision is to increase financial inclusion in emerging markets. The Mahe-based team received seed funding in 2019 to use its network to grow the gig economy and create more job opportunities for Africa’s increasing young population.
Tokenomica Cyrpto Trading Startup
Tokenomica is a forum for saving, releasing, trading and selling smart securities. It was created in 2018 to assist both the business and the investor sides of the equation. We’re excited to see what comes next for this startup, which has already launched a crypto-to-Euro trade option, the first legally compliant Equity Token Offering in Estonia, and its ‘OTC Trading Desk’ in 2020.
EBO.ai AI Startup
EBO.ai is an AI-powered ‘customer service’ virtual agent that helps companies create meaningful, long-lasting relationships with their customers while also allowing customers to effortlessly communicate with businesses at any time. The team, which is funded by venture capital, is on a quest to change the way banks and other financial institutions communicate with their customers online, as well as assist businesses in gaming, healthcare, and other fields.
Stasis Blockchain Startup
Stasis was created in 2017 with the aim of combining the stability of conventional currencies with the potential of the cryptocurrency sector. Stasis has developed a full-service tokenization platform that includes smart contract production, third-party audits, custodial services, and comprehensive regulatory knowledge. Stasis is seeking a license under Malta’s newly released regulatory framework for distributed ledger technology (“DLT”), making Malta the first EU country to issue regulation related to this industry.
Stobox Blockchain Strartup
Stobox is an award-winning technology firm that provides services to small and medium-sized businesses, investment funds, and real estate developers. The way it works is that businesses can issue digital securities and raise funds from a global community of investors, enabling them to cut their operating costs drastically. In March 2021, Stobox’s $1 million Security Token Offering enabled ordinary investors to participate in a lucrative private round.