Quick Pitch
CoolBitX Technology is a blockchain security platform startup with operations in Taiwan. It made waves in 2015 after its launch of CoolWallet, the world’s first wireless hardware wallet for Bitcoins. CoolBitX is dedicated to provide innovative and convenient security solutions for Bitcoin storage. It has recently expanded its business to a credit card platform.
Product/Service Details
Problem/Opportunity
Solution
SLEKT - all in one credit card platform
Features
5 year Product Life
100% credit card POS coverage
Work with iOS & Android
Benefits to users
Save space - aggregate all credit card/membership cards/transportation card
Save money - app suggests which card to shop in each store based on promotion analysis
Save time - apply for a new credit card in one click
Benefits to issuers
Great Cost and benefit ratio - innovate wallet with no pain in upgrading POS hardware
More credit card transaction
More credit card application
Traction & Accomplishments
CoolBitX – US$108,000 in Revenue
SLEKT – 1 pending patent, and acquired world exclusivity from manufacturer excepted for Korea.
CAE – 4 Pending Patents
Company's Intended Exit: 2021 IPO in the US
Company's Intended Dividends (In %) Nominal Amount, and Expected Payout Date: 2021
How We're Different
The form factor of the product is extremely high tech. We basically build a smartphone into a card. This technical barrier will take others years to chase.
Team
Michael Ou – Chief Executive Officer
Jay Zhuang – Chief Technology Officer
Current Strategic Investors
Validated By: Midana Capital
Contact