Zabo, raised a $1.15 million seed investment from New York-based Blockchange Ventures in February 2018, to create a cryptocurrency banking application. Zabo lets users get paid in Bitcoin by allocating your pay between cash and cryptocurrency. Zabo’s licensed banking partner will provide FDIC-insured US Dollar bank accounts [1] and be governed and compliant with applicable federal and state money transmission laws and regulations. The product, currently under development is intended for launch mid 2019.
Zabo Founders Alex Treece and Christopher Brown are presenting Zabo at Venture Summit West 2019 in San Francisco CA. March 6th and 7th. The summit, named Venture Summit West 2019, one of the top Bitcoin events of the year by Blockchain Exchange Guide, will feature insightful discussions on the newest technologies and latest trends currently shaping the future.
Along with Zabo, Venture Summit West will also feature Edouard Bulteau, Logan Allin, Kelly Chen, Jeffrey Carter and more. Attendees include over 100 venture capitalists with more than $60 billion in management. This is the seventh annual event for Venture Summit West and will be the gathering place to connect VCs, startups, tech professionals and more.