Press Release #2 — Moonwhale Secures Important Corporate Client — Odyssey Financial Group
Singapore, 5th January 2019 — Furthering our dedication to driving the global adoption of blockchain technology, Moonwhale Ventures is pleased to announce our next major client, MoneyFi.
The scope of blockchain technology for remittance is increasing in emerging markets. Distributed Ledger Technology (DLT) can serve as the backbone of a new cross-border payments infrastructure to solve inefficiencies and provide fast more affordable and secure service.
MoneyFi is the brainchild of a US retail banking support organization, Odyssey Financial Group. Leveraging the Octagon Platform’s rapid deployment rate of its ATM Network, MoneyFi will address the growing market demands for a better alternative in remittance. Its non-traditional approach is purpose-built to drastically reduce transaction fee costs, providing financial inclusion for non-banked and unbanked people.
“After the review of several proposals, we decided to go with Moonwhale Ventures not just only for its solid and clear ideas regarding the crypto asset ecosystem but also for the professionalism of their management. Finally, we believe that Moonwhale can expand the revolutionary concept of MoneyFi worldwide,” said Sebastian Ponceliz, CEO & Founder of Odyssey Financial Group.
“We believe MoneyFi has what it takes to build a world-class Internet of Money with its innovative approach,” said Danny Christ, CEO, and Co-Founder, Moonwhale Ventures. “MoneyFi’s mission aligns with our core belief in blockchain technology’s revolutionary capabilities in optimizing the value chain, in this case, payment and remittance services.”
In addition to providing technical, operational and financial support, advisory on Blockchain tech implementation, and an industry network of 50k+ connections, Moonwhale will undertake the task of building attractive investment and token models, marketing and go-to-market strategies. Moonwhale shall, but not limited to, prepare MoneyFi with the necessary prerequisites of becoming a leading remittance system which branches out globally.
About Moonwhale Ventures:
Moonwhale Ventures is based in Singapore, focused on providing blockchain solutions and advisory to existing businesses and startups:
- Value Chain Optimization
Identify, analyze and implementing Blockchain Technology to optimize parts of the value chain (supply chain, payment system, reward schemes)
- Financing Business Expansion
MNC, SME, Listed Companies support to expand an existing business, or developing new business units via an alternative to traditional growth-financing: Security-Token Offering.
For more information, please visit: moonwhale.io
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