• news.cision.com/
  • Pepins/
  • Valega Capital helps prevent illegal activities in blocktech now launches crowdfunding campaign with FundedByMe

Valega Capital helps prevent illegal activities in blocktech now launches crowdfunding campaign with FundedByMe

Report this content

The company has today launched a crowdfunding campaign with FundedByMe.com to raise funding for future growth and to increase their ownership. Valega Capital has acknowledged an increased need for safer regulations regarding digital transactions through blockchain, a trading form that previously has lacked transparency.

With support from the Finish government’s innovation program, the company offer their clients a tool where they can analyze transactions within different blockchains. The tool will allow customers (businesses and private) to search for a specific transaction or address to make sure that they are legit and not part of any illegal activities thus ensuring compliance within the Blockchain and filtering out the bad apples. Their campaign launched today, 3/26, having already raised EUR 4,340, from 6 lead investors. Find out more at www.fundedbyme.com/valega.

“We have seen a pretty big crackdown on cryptocurrencies and their relations to money laundering from several big financial institutions. Now we see that banks themselves don’t have it all under control” - Sven Martinsson, CEO Valega Chain Analytics.

During the past few months several banks fall victim to money laundering scandals in the Nordics. Millions of Euros have been laundered leading to distrust, headlines and volatile stock markets. Valega Capital now wants to contribute to an improvement regarding these issues.

“We analyze transactions happening on the existing blockchains, the most famous being Bitcoin. We are at the moment working towards complying with the most standard European directives like for example PSD2 and ESMA”, continues Sven Martinsson.

The product is aimed initially at those who trade in crypto and organisations actively working to counter money laundering, and other illegal payments in the ever growing industry that is Blocktech. The product will develop to be used in B2B and B2C. The goal is to make it safer and transparent for all companies to receive crypto-payments and implement Blockchain solutions. Ultimately, FIAT transactions will be targeted as banks are moving closer towards adopting Blockchain transactions.

For more information about Valega Chain Analytics and the campaign, visit: www.valegacapital.com/vca or www.fundedbyme.com/valega.

If you have any questions do not hesitate to contact Valega Capital, Sven Martinsson, CEO, sven.martinsson@vaelgacapital.com / +358 45 1807288


About FundedByMe
FundedByMe AB (publ) is as of 8th of March 2019 a listed company on NGM Nordic MTF. FundedByMe AB (publ) is a parent company consisting of FundedByMe.com and Feminvest - probably the largest female network of investors in the Nordics as well as Laika Consulting AB a fully owned subsidiary that offers Investor Relations as well as marketing and financial communication. The company also has ownership in 6 joint ventures in Finland, Malaysia, Dubai/UAE, Poland, The Netherlands, and Singapore. The company has a business license in Malaysia (equity and P2P/P2B) and in Dubai/UAE (equity crowdfunding license as well as a license to uphold client accounts). Together the group reaches over 269.000 registered investment members globally. The company’s shares can be found at for example Avanza (FBM MTF B) or Nordnet (FBM MTF B). 

Tags:

Media

Media

Documents & Links