to be supporting a great Deeptech start-up that is revolutionising the way data is understood and used, in particular, in the Financial Services sector. 298
Coincover 299 Founded in 2018 by David Janczewski and Adam Smith 300 , Coincover aims to safeguard crypto investments and overcome the challenges faced by crypto users and businesses, from start-ups and established crypto businesses to institutional and individual investors. The company offers theft protection, disaster recovery and consumer protection, promising to compensate customers for losses not prevented by its technology. 301 In 2021, Coincover was shortlisted for the Fintech Start-up of the Year award at the FinTech Awards Wales. In February 2023, Coincover secured $30m (£24.8m) in funding. 302 MY PINPAD 303 Founded in 2012 by Justin Pike 304 , MY PINPAD, a leading Welsh FinTech, merged with SmartPesa in 2022, 305 with Barry Levett as current CEO. MYPINPAD provides services to safeguard and verify mobile payment transactions, including identity verification via mobile devices: Our proprietary and globally patented technology secures and protects the input of sensitive information on touchscreens creating a trusted environment. MYPINPAD’s innovative solutions removes the need for specialised hardware thereby reducing cost and complexity, promotes rapid adoption and leverages the connected capabilities of smart devices. 306
298 Ibid. 299 See http://www.coincover.com.
300 Coincover, “About us”, available at www.coincover.com/about. 301 Coincover, “Products”, available at www.coincover.com/products. 302 George Simister, “ Cardiff’s Coincover collects £25m funding to back up private crypto keys” (UK Tech News, 10 February 2023), available at www.uktech.news/crypto/coincover-funding-20230210. 303 See https://mypinpad.com/. 304 Polly Jean Harrison, “MYPINPAD: Transforming payments for vulnerable people” (The FinTech Times, 4 January 2021), available at https://thefintechtimes.com/mypinpad-transforming-payments-for-vulnerable-people/. 305 Business Wire, “MYPINPAD and SmartPesa Merge to Become the Global Leader in Mobile Payments Acceptance” (19 April 2022), available at www.businesswire.com/news/home/20220419005017/en/MYPINPAD-and-SmartPesa-Merge-to- Become-the-Global-Leader-in-Mobile-Payments-Acceptance. 306 Ibid.
44
Made with FlippingBook HTML5