Epiphyte

cryptocurrencyblockchain

FOUNDING YEAR: 2014
LOCATION: United Kingdom
Last Update: 08/09/2020

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About

Epiphyte develops enterprise software allowing banks and other financial institutions to integrate with the bitcoin and crypto-finance industry. Epiphyte provides a range of turn-key SaaS products in addition to consulting and regulatory services.

MEDICI Analysis

Epiphyte develops enterprise software allowing banks and other financial institutions to integrate with the bitcoin and crypto-finance industry. Epiphyte provides a range of turn-key SaaS products in addition to consulting and regulatory services.

Focus

PRODUCTS & SERVICES

crypto-financial networks

REVENUE MODEL

Transaction fees, software license, and consulting

PRIMARY PROBLEM SOLVED

International bank transactions are riddled with complexity, cost and risk. The problem is particularly acute with high volume, low value transactions. Epiphyte is the only company that has demonstrated ability to solve this problem utilizing open Blockchain networks. Unlike competitors, we do not need to build out our own network. Utilizing existing networks, we provide banks unprecedented flexibility, tracking and automation of payments.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

Traction

VALUATION / MARKET CAP:

$140 K in 2015

Innovation Programs

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Epiphyte

About

Epiphyte develops enterprise software allowing banks and other financial institutions to integrate with the bitcoin and crypto-finance industry. Epiphyte provides a range of turn-key SaaS products in addition to consulting and regulatory services.

Focus

PRODUCTS & SERVICES

crypto-financial networks

REVENUE MODEL

Transaction fees, software license, and consulting

TOP PROBLEM SOLVED

International bank transactions are riddled with complexity, cost and risk. The problem is particularly acute with high volume, low value transactions. Epiphyte is the only company that has demonstrated ability to solve this problem utilizing open Blockchain networks. Unlike competitors, we do not need to build out our own network. Utilizing existing networks, we provide banks unprecedented flexibility, tracking and automation of payments.

PRODUCT DEVELOPMENT STAGE

MARKET TRIAL

PRODUCT DEVELOPMENT COMMENT

Integration with our system is simple, using industry standard messaging protocols like ISO-8583 and ISO-20022 and we are PSD2 ready. Once a client is connected to our cloud, we are able to create bespoke features to match his needs. With our Agile and CI development environment we can role out quick and efficient features for one of many clients any time.

KEY DIFFERENTIATORS

We offer our clients a modular SaaS solution that allows them to take advantage of Blockchain technologies. Our Interchain environment solves the problem of interoperability between financial institutions, connecting existing mainframes and new fintech rails alike.

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Traction

LIVE USERS/TRANSACTIONS:

No live users/transaction yet

CHANNEL STATUS

NO SALES YET

People

TEAM COMMENT:

Our team is a combination of experienced individuals covering technology, business,,compliance fields. Each has been part of the Blockchain industry for the past few years,worked for successful startups,large companies. We see Epiphyte as a mission, not a job,,have known each other professionally,personally for many years.

INVESTORS:

Berlin Startupbootcamp

Momentum

FUNDED

YES

FUNDING COMPLETED

NO

LISTED

NO