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Another big update for Unbanked! 📈 - New Website, New Products, Mobile App Updates, Press, and More!
It's been a while since my last update so I appreciate everyone's patience because our team was hard at work transitioning everything to our new Unbanked brand! Let's kick this update off with the biggest news.
Unbanked Website is live!
The Unbanked.com website is now live and we couldn't be happier with the results. We also gave everyone's Dashboard a facelift as well to align with the new Unbanked colors. The website will always be a work in progress as we release new products, features, and geographies, but the current website should give everyone an idea of where we're headed in the coming months! Make sure you check back often because we're constantly sneaking new updates on to the site!
New Products
When we started we only offered BlockCard to US residents, but as our company and ambitions have grown we realize we need to diversify the number of products to give our customers more choice. We are planning to launch Unbanked Cards across the US, EU, LATAM, as well as APAC and EMEA!
Read about the upcoming 👉 Unbanked Debit Cards all across the world! 🌍
Unbanked Debit Cards in the U.S. - https://unbanked.com/debit-card/united-states/
To complement our existing BlockCard we will be launching the Unbanked BlockCard and Unbanked Card in the coming months. The Unbanked BlockCard will function as the original BlockCard, but with a new facelift. The Unbanked Card will be a trimmed down version of the BlockCarf, but give customers the ability to stay in a stable coin balance (a much-requested feature).
Unbanked Debit Cards in the U.K. + EEA - https://unbanked.com/debit-card/europe/
Brexit has proven to be a challenge for many financial institutions, but we're committed to getting cards live and I'm happy to share that we are very very close. EU residents can look forward to their choice of Unbanked BlockCards or Unbanked Cards.
Unbanked Debit Cards in LATAM - https://unbanked.com/debit-card/latin-america/
Latin America already knows the benefits of cryptocurrencies, so after our European launch, we will move quickly into most LATAM countries. We have been working on this for many months already, so it will be nowhere near as long as the European launch. I am hopeful that we will be live before EOY and LATAM customers can choose between Unbanked Card or Unbanked BlockCard.
Mobile App
The Unbanked Mobile App is coming. While most of the functionality is complete, we needed to go back and spend some time updating the app experience to reflect the new Unbanked branding requirements. We will be launching first on iOS first and then Android in the future. Below is a sneak peek from our mobile team!
Our First Team Meeting
We held our first "all hands" team meeting this past month. It took time to coordinate as our team is located all across the world in 10 different time zones! During the meeting, I had the chance to share some numbers that I'm really proud of.
Revenue:
2019 - <$2m
2020 - $9.3m
2021 - Forecasting over $20M
Hiring:
2019 - 4 people hired
2020 - 10 people hired
2021 - 25 people hired (so far)
We hired more people in 2021 than in our last 3 years combined! Here is a team shot of (almost) every Unbanked team member.
Unbanked and the EFMA
The EFMA is a non-profit organization created in 1971 by leading banks and insurance companies. It was created by a handful of institutions and counting but is now a network of 120 financial groups in 133 countries all around the world. When the EFMA heard about our mission at Unbanked they wanted to reach out and learn more. It's great to know that Unbanked is now on the radar of some of the top financial institutions in the world!
Interview
New Tech Challenge Finalist
We're honored to be a NewTech Challenge finalist in the Startup category for EFMA & Capgemini! You can vote for us here: https://www.fintechvisor.com/financial-newtech-challenge-2021
REG A+ Update
We are now in the final phase of our Reg A+ approval and waiting for any remaining comments from the SEC. Once we get SEC approval we will open the raise to allow investors to do their research or make an investment. I'm happy to report that we will be using Republic once again so no one will need to register for a new platform in order to make their investment. The Republic team has been fantastic and I look forward to working with them again. The Reg A+ filing was made for a $25M capital raise on a $115M valuation.
Thank you to everyone for your continued support and stay tuned for what's coming next! 😎
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