London, UK: Bank4YOU Group will launch an ICO campaign in last week of October in order to accelerate the goal of scaling its service rollout across Africa, Asia, and Latin America. An indicative estimate for the total funding requirement is $50 million, which can be used to support the company’s expansion into new markets and to develop enhanced services (including consumer micro-loans and incorporation of Bitcoin or another cryptocurrencies within its money transfer services). David Agar, CEO, Bank4YOU Group, said: “The World Bank estimates that two billion people are without access to formal financial services with more than 50 per cent of adults in the poorest households being unbanked. “As a company, we recognize that financial inclusion is the main point to reducing poverty and boosting prosperity. With our new blockchain-enabled Mobile Money Remittance Service (MMRS) we intend to play a very active part in making this happen.” Agar will present the demo version of the produ...
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