Key Takeaways:
- Greengage is a London-based startup which combines traditional banking with cryptocurrency and blockchain technology.
- They are focusing on providing secure banking services to small and medium-sized enterprises (SMEs) and cryptoasset companies.
- The future of the finance industry could be revolutionised by the integration of blockchain into banking for SMEs.
Is blockchain revolutionising banking for SMEs in the digital age? Is there a way to bridge the gap between the traditional financial services space and the new digital innovations of blockchain and cryptocurrency? One startup aiming to provide answers to these key questions is Greengage, a London-based company that is reinventing the merchant bank for the digital age.
Building the future of finance, Greengage is the first fully integrated financial services group that is bridging the traditional banking sphere with the new digital age of blockchain and cryptoassets. With their focus firmly on banking cryptoasset companies, they also take deposits from and make loans to small and medium-sized enterprises.
The uniqueness of this startup lies in its integrative approach; Greengage is combining the best of the old and the new, seamlessly merging classic banking principles with ultra-modern digital innovations. By focusing on SMEs and cryptoasset companies, they are catering to sectors that are often overlooked by mainstream banking institutions.
Another differential is that Greengage’s ambitious goal is not just to offer a digital banking service, but to obtain a full banking license. This will allow them to provide a full suite of classic products and services across both fiat currencies (£, €, $) and cryptoasset classes, which overall will give their clients much more flexibility and accessibility to manage their finances.
Greengage is, therefore, leading the way in the potential revolution of banking for SMEs in the digital age. The future of the finance industry could look very different, especially with startups like Greengage driving the change. Such developments could bring about the democratisation of financial services, where start-ups, SMEs, and digital innovators have access to secure, reliable banking that meets their specific needs.
Keep an eye on what Greengage are doing over the coming years. You can find out more about them on their website and follow them on Twitter and LinkedIn.
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