Bitcoin startups always attract a lot of attention, and they are often invited to be part of pitching programs at various events. Bitwala, a service letting users get paid in Bitcoin through bank transfers, has been nominated as a top 70 startups at Pioneers Festival of 2016.
Bitwala Gains The Spotlight As Pioneers Festival
Every year, the Pioneers Festival is one of the most important events for any European startup, regardless of which industry they are active in. However, in this day and age of growing interest in Fintech and disruptive financial platforms, it comes as no surprise the focus eventually turns to the Bitcoin and blockchain startup scene.
The 2016 edition of Pioneers Festival will take place on May 24 and 25 in Vienna, Austria, and features plenty of startups in the technology industry. Over 500 startups have sent in their applications at a chance of getting featured during the event, of which only 70 were selected. Bitwala, a prominent Bitcoin startup, is among these seventy companies who will gain a lot of attention during the conference.
Prior to the event itself, there is a Pioneers Challenge Day, where the Bitwala CEO will present his company in front of 300 international investors and over two thousand attendees. Additionally, the team will also have a booth at the event itself, where attendees and potential investors can learn more about the company and its services.
Bitwala CEO Jörg von Minckwitz stated:
“My co-founders Jan Goslicki, Benjamin Jones and I are very proud and extremely excited to be in the top 70 in one of the biggest startup festivals in the world. This is an incredible opportunity for us to share what we do and share the joy of using Bitcoin to our peers in the industry.”
It has to be said; Bitwala has seen a spectacular growth since their launch in 2015. There is a clear demand for the service this company provides, and their successful seed funding not too long ago validates that demand. Additionally, the company recently introduced their Bitcoin debit card, which lets platform users store their balance and spend it wherever card payments are accepted.
Source: Bitwala Blog
Header image courtesy of NewsBTC