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Home 🌿 Cannabis Technology News 🌿 Hot investments: FinTech, marijuana and healthcare, says BlockChain co-founder Nicolas Cary 🌿Hot investments: FinTech, marijuana and healthcare, says BlockChain co-founder Nicolas Cary
FinTech startups in London are booming. Just recently BlockChain, the world’s most popular Bitcoin wallet, raised $30.5 million, making it the highest investment achieved by a UK startup.
Blockchain is an open-source software code that uses high-tech encryption to monitor and record bitcoin transactions. On November 18, BlockChain was joined by Credits.Vision and Nutmeg at the Google campus in London for an angel investor event organised by HoxTechangels.
“Investing in tech startups requires a degree of prudence as the risk is higher than most other asset classes,” said Marina Atarova, co-founder of HoxTechangels. “We aim to tap into a few ways to approach the challenges of investing in Financial Technology.”
Financial technology, also known as FinTech, is a line of business based on using software to provide financial services. Financial technology companies are generally startups founded with the purpose of disrupting incumbent financial systems and corporations that...
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