Secco is building a blockchain-based bank with a completely differentiated value proposition. Unlike multiple challenger banks who are focusing on UI and UX, Secco plans to completely change the banking service itself. Also, apart from being branchless, Secco plans to provide their services without even an app.
They will operate as an 'underlying' service hidden in all the apps and social platforms used day-to-day.
As of June 2016, they are looking at clearing regulatory approvals and apply for a banking license.
PRODUCTS & SERVICES:
They are building a blockchain-based banking service that stores both - customer money as well as data. Money and data would together provide the value of the customer.