GeoDB, a decentralised peer-to-peer (P2P) big data sharing ecosystem, has landed a £1.37 million investment from 765 Seedrs investors. The UK-based fintech launched the funding round last month, and it follows on from a £877,550 Crowdcube campaign one year earlier. New technologies such as big data have saved banks across the financial services sector billions It says its aim is to solve some of the inefficiencies in the $260 billion big data industry, by combining big data, blockchain and cryptocurrenies into what it calls ‘Big – Crypto’. The fintech uses distributed ledger technology (DLT) to shine a light on gaps…
Big data fintech GeoDB bags £1.37m from Seedrs investors