5 years ago

Billon Group Secures $6 Million in Series A Funding to Scale its DLT Platform

  • Billon Group, a London-based distributed ledger technology (DLT) platform, has raised $6 million in Series A funding

  • The round was led by Billon CEO Wojtek Kostrzewa and included participation from FIS, Rising Tide, Mencey Capital, VCF III, existing investors, and international managers and experts

  • The company intends to use the funds to scale existing use cases, respond to many new clients, and to begin preparation for opening the platform further for third-party developers and commercial partners

  • Billon is licensed to issue electronic money by regulators in the UK and Poland and employs a global team of more than 90 people in its two offices in London and Warsaw.

      • ProblemFinancial Services

      "Scaling micropayments at scale, encrypting documents and data on-chain"

      Solution

      "A distributed ledger technology (DLT) platform unifying national currency transactions, document management, and identity management into a single architecture."

      Covered on