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bsave.io

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Founded Year

2015

Stage

Acquired | Acquired

Total Raised

$400K

About BSAVE

BSAVE enables users to profit from their dormant bitcoins and offers a saving solution that allows them to earn daily interests, which are automatically credited to a connected Coinbase wallet at the end of each 24H period. The platform offers daily variable interest rate payments calculated using mathematical algorithms reflecting both the size of the balance and the time spent in the saving account. The platform displays a prime widget showing at a glance the live projection of users' daily return. The projection change in sync with the performance of the margin loan market, keeping users up to date and allowing them to make decisions based on relevant information.

BSAVE Headquarter Location

1, Hallswelle Road

London, England, NW11 0DH,

United Kingdom

Latest BSAVE News

Celsius Network Buys BSave

Jun 24, 2019

Celsius Network , a London, UK-based cryptocurrency lending and borrowing platform, acquired BSave, a digital platform providing earned interest income on cryptocurrency. The amount of the deal was not disclosed. As part of the acquisition, Celsius will now have access to the yield generating algorithms originally developed by BSave, and will retain key talent, employees, and developers from the original team. Additionally, the 45,000 pre-existing BSave members will join the Celsius platform, boosting the community and adding utility to the CEL token. Celsius is onboarding all former BSave members with $10 in CEL tokens to welcome them. Led by Daniel Leon, Co-founder, President, and COO, Celsius Network Celsius is a platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR or earn up to 10% on stable coins and other crypto coins. FinSMEs

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing BSAVE

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BSAVE is included in 2 Expert Collections, including Blockchain.

B

Blockchain

3,362 items

Companies and startups in this collection leverage blockchain technology for crypto investing and trading, decentralized finance (DeFi), NFTs, and more.

F

Fintech

19,054 items

Excludes US-based companies

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