Company: nivaura
Founder: Dr. Vic Arulchandran
Website: https://www.nivaura.com
Description: nivaura produced an SaaS product that banks can use today, which would generate recurring revenue, while continuing with the blockchain experimentation in PoC form separately.
About nivaura
nivaura was founded in 2016 as a blockchain focused fintech in investment banking. Between 2016 and 2018 they actually issued the worlds first compliant tokenised bonds, equities and structured notes; creating the legal and technical precedent for tokenisation in UK and Europe.
They were also the only company in the first five cohorts of the FCA Regulatory Sandboxes. They pivoted in 2018 after raising funding because they wanted to focus on a core SaaS product that banks can use today, which would generate recurring revenue, while continuing with the blockchain experimentation in PoC form separately. They deployed platforms to Santander, DBS Bank in Asia and the London Stock Exchange Group, to digitise and automate bond issuance.
