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BABB - New Bank leveraging Blockchain and Biometrics

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BABB is launching a new bank for the micro economy.

It is using a decentralised banking platform that leverages blockchain and biometrics to offer anyone in the world access to a UK bank account for peer-to-peer financial services.

https://getbabb.com

They are currently raising capital on Crowdcube (Equity Crowdfunding).

This could be the start of many banks especially new start up businesses starting from the beginning to use a decentralised banking platform using blockchain. The valuation is absurd at £100m. Apparently they are using the DCF method which they all say they use to hide behind such a ridiculous figure.

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