CryptoMe

cryptocurrency

FOUNDING YEAR: 2015
LOCATION:
Last Update: 04/07/2020

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About

Automated asset management in the cryptocurrency space with risk-weighted portfolio balancing based on client needs.

MEDICI Analysis

CryptoMe Payments Technologies is marketplace for remittances. It uses blockchain technology in combination with local partners to provide remittance services in every locality.

Focus

PRODUCTS & SERVICES

Cryptocurrency payment processor and converts cryptocurrency to fiat currency deposited in bank accounts within 1 business day.

REVENUE MODEL

Business model is not disclosed by the company.

PRIMARY PROBLEM SOLVED

Individual investors want to invest in cryptocurrencies/high-tech assets but are intimidated by the regulatory and technical paperwork. We offer the simplest ways to invest in and manage the most complex financial instruments.

COMMENT

Cryptome has as a strong focus on migrant labour groups.

company provided insights

Traction

REVENUE

$100k - $499

NUMBER OF TRANSACTIONS:

3.00

TRANSACTIONS VALUE:

20 K

ACTIVE USERS:

3

ACTIVE USERS COMMENT:

Each user provides multiple thousands (of $) for assets under management (AUM). Number of users is not a significant indicator given the throughput of AUM.

People

BOARD MEMBERS AND ADVISORS

Pramod Emjay

Lokesh Anand

Momentum

FUNDED

NO

LISTED

NO

For Investors

FUNDING NEEDED:

$150 K

USES OF FUNDS RAISED:

1. OTC lending R&D

2. ML-based leveraged trading

3. ML-based portfolio rebalancing

4. BD scaling

MONTHS LEFT WITH CURRENT CASH BURN RATE:

24 months from 19 Mar, 2017

BASICS

FOUNDING YEAR:

2015

LOCATION:

Views:

85 VISITORS | 167 VIEWS

About

Automated asset management in the cryptocurrency space with risk-weighted portfolio balancing based on client needs.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

CryptoMe Payments Technologies is marketplace for remittances. It uses blockchain technology in combination with local partners to provide remittance services in every locality.

Focus+
Momentum+
Traction+
People+
For Investors+
Other+

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CryptoMe

About

Automated asset management in the cryptocurrency space with risk-weighted portfolio balancing based on client needs.

Focus

PRODUCTS & SERVICES

Automated asset management services for high-tech assets

REVENUE MODEL

Business model is not disclosed by the company.

TOP PROBLEM SOLVED

Individual investors want to invest in cryptocurrencies/high-tech assets but are intimidated by the regulatory and technical paperwork. We offer the simplest ways to invest in and manage the most complex financial instruments.

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

PRIMARY CUSTOMER TYPE

Small And Medium Business - Other

Consumer

People

KEY EMPLOYEES:

CEO: Pramod Emjay

BOARD MEMBERS AND ADVISORS:

Pramod Emjay, Lokesh Anand

Momentum

FUNDED

NO

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES