Founder Darshan Bathija pitching Bangalore-based Bank of Hodlers – a startup that is “building a community and user-centric banking solution for people who would like to bank on the blockchain but can’t because of its limitations”.
“The wave of customer-centricity somehow skipped banking. Banks today put themselves before the customer, every step of the way. The system is controlled by a few, so it benefits the few. We want to change that,” says Darshan. “We love what blockchain and cryptocurrencies are trying to achieve but don’t think a purely cryptocurrency driven financial ecosystem can work without a connection to the existing infrastructure.”
The Startup is solving for banking today by unifying the FIAT and crypto banking experience. They are looking to solve for the following using cryptocurrencies:
1. Payments
2. Lending
3. Insurance against theft
Their first product, the peer-to-peer lending platform is cross chain by design and currently works with Bitcoin, Ethereum and TrueUSD. It’s currently in the closed testing phase and will be live in the coming month.
Founders:
Darshan Bathija
Founder & CEO, Bank of Hodlers
ex Head of Partnerships, TapChief
ex Associate Investment Manager, Piramal Capital
Priyank Johari
VP of Growth
8 years, Digital Marketing experience
Founder, Marketing Agency
ex, CloudCherry
Sanju Sony Kurian
VP of Technology
ex Kings
Led multiple technical teams