Billon

Identity & Reputation · RegTech · DLT Technology · Capital Markets
Billon header

Billon

Identity & Reputation · RegTech · DLT Technology · Capital Markets

High-performance enterprise DLT system

United Kingdom, London
$16M
Total amount raised
2015
Year of establishment
Active
Status

About

Hi we’re Billon!


Billon aims to create a unified enterprise DLT system. They've designed their system in order to unify payments and identity management.

Billon has created their own permissioned ledger, which they've used to solve the challenge of transacting micropayments at scale. Billon is now also able to encrypt documents and other data on-chain.

The Billon protocol focuses mainly on three topics:
- Accounts & transactions
- Trusted document management
- Tokenization & data sharing

Key objective

To unleash the transformational capabilities of blockchain technologies in the regulated world.

Slogan / Motto

An architecture unifying national currency transactions, documents and identity management on a DLT built for scale.

Use cases

Compliance
Data Management
Scaling Solutions
Fraud Prevention
Enterprise Service
Identity Management & Verification
Asset Tokenization

Customers / Partners

Products

Funding

Received funding
$16,190,000
Total amount raised
12
Rounds
14
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
$2,360,000
Convertible Note
The Future Fund
$6,000,000
Series A
FIS
Mencey Capital
Rising Tide
VCF III
N/A
Incubator/Accelerator
Startup Collider by PwC
N/A
Incubator/Accelerator
Elevator Lab
N/A
Grant
Horizon 2020
$2,240,000
Grant
Horizon 2020
N/A
Grant
Global FinTech Hackcelerator
$1,180,000
Grant
Poland National Research and Development Center
$80,000
Seed
Venture Center FinTech Accelerator
$2,330,000
Grant
Horizon 2020
N/A
Incubator/Accelerator
Financial Conduct Authority
$2,000,000
Seed

News

Billon lands £2 million in fresh funding

Billon, the British/Polish fintech which uses distributed ledger technology to tokenise national currencies, has raised £2 million in funding with support from the UK Government's Future Fund Scheme.


8 months ago


Investment
Billon

FIS-backed Billon Group receives UK grant for blockchain COVID-19 certificates

Last week, the Billon Group announced it won a £50,000 ($62,000) grant from Innovate UK to build a blockchain solution for storing COVID-19 certificates. The startup, backed by payments giant FIS, aims to release a prototype by August-end, which would allow sharing and verifying test reports or immunity certificates as well as workplace training certificates related to...


10 months ago


Investment
FIS
Billon
Innovate UK

Austrian Raiffeisen Bank to pilot tokenized cash using Billon blockchain

Today blockchain startup Billon Group announced it will run a pilot with Raiffeisen Bank International (RBI) to digitize bank account cash as RBI Coin. This follows a previous proof of concept by the two firms when Billon participated in the RBI Elevator Lab. The Austrian bank with 16.7 million customers has its main activities in Central and...


a year ago


Partnership
Raiffeisen Bank International (RBI)
Raiffeisen Bank International A.G.
Billon

FIS-backed Billon in blockchain test with Polish electricity utility Tauron

Today, the Billon Group announced a proof of concept (PoC) with Poland’s Tauron to use blockchain for storage and delivery of contracts to the latter’s clients. Billon Digital Services is providing the company’s blockchain-based document management solution for the energy utility company. Tauron is a state-run utility company and is the second-largest electricity distributor in Poland...


a year ago


Partnership
Billon

Polish banks use blockchain for document storage, client communication

Yesterday, the Polish Credit Office (Biuro Informacji Kredytowej – BIK) said its blockchain document management platform developed in collaboration with the Billon Group is now live in Poland. The solution allows retail banks in the country to send notifications of commissions and fees to their customers using blockchain, and stores entire documents on the chain. BIK is...


a year ago


Product update/release
BiKi.com
Billon