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Biconomy

Developer platform for Web 3.0 projects

Biconomy logo
21-100 employees
  • B2B
  • SaaS
  • Blockchain
  • Web 3.0
Chinatown, Singapore

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Company mission

Biconomy's mission is to empower developers to build without limits, so everyone can access and benefit from a decentralised future.

Our take

The web 3.0 blockchain market is forecast to grow by more than 40% annually upto 2030. However, one major thing holding the space back from more mainstream adoption is the difficulty that developers face in building user friendly experiences.

Bicononomy is aiming to bridge this gap by providing plug-and-play APIs which abstract away the complexities of the Blockchain, leaving developers with greater freedom to create user friendly decentralised applications. These do not rely on an end-user’s knowledge of things like smart contract wallets, transaction fees, and crypto in general.

A really interesting point regarding the company is how it views itself as having the potential to become “the Stripe for Blockchain”. While Stripe simplified payments infrastructure for ecommerce websites and apps, there isn’t yet an equivalent player in the Blockchain space, and Biconomy could be in a favourable position to capitalise.

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Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Work from anywhere (Remote first)
  • Flexible working hours
  • Flexible vacation policy
  • Competitive Salary
  • Token Allocation
  • Opportunity to grow. The sky's the limit if you're hungry to succeed
  • Be an integral part of building the narrative for the digital economies of the future
  • Game nights, virtual celebrations, and work retreats

Company values

  • We thrive in organised chaos – This means we are agile, fast, and focused
  • We are accountable – Everyone leads and owns a piece of the puzzle
  • We value integrity – We build trust through honest collaboration
  • We are obsessed with the community – User feedback and sentiment fuel our growth
  • We are relentlessly driven – We call for courage to tackle audacious goals head-on
  • We communicate effectively – We converse clearly and in a timely manner to execute our best work
  • We strive with passion – We take deep pride in our work and outcomes

Funding (2 rounds)

Jul 2021

$9m

EARLY VC

Jan 2021

$1.5m

SEED

Total funding: $10.5m

Leadership

Ahmed Al-Balaghi

(CEO)

Founder and Co-host of Encrypted, the Middle East's largest crypto and blockchain dedicated podcast. Former Blockchain Researcher then Managing Director at ViewFin.

Aniket Jindal

(COO)

Co-host of the Encrypted podcast. Former ViewFin Research Analyst. Previously worked in Marketing for Binance and Nucleus Vision.

Sachin Tomar

(CTO)

Before co-founding Biconomy they spent three years as a Software Engineer at Samsung Electronics, followed by another three year spell at MakeMyTrip, as a Senior Software Engineer.