Dear supporters,
Since our big community update last quarter, Everex made tremendous progress with a strong business development pipeline.
Following Everex’s ranking among the ‘TOP Blockchain Startups to watch in 2018’ by Investopedia the team has been working relentlessly to achieve the goals set forth in our roadmap, focusing on the highest business value items. We are very proud of our achievements so far. Aligned with the goal to bring forward Everex’s vision of empowering individuals and SMEs through the use of the blockchain, this quarter has been one of our busiest in terms of strategic partnerships, product developments, new hires and more.
Collaborations and pilot projects — from South East Asia to Africa
We are proud to be able to announce that key agreements have been signed this first quarter of 2018 with a lot more in the pipeline.
Marking our exposure into Africa with ConnectAfrica, a key player in African payments network where Everex is planning to deploy the blockchain technology to facilitate payments in and out of Africa and helping SMEs to have a direct access to financial services. Our financial inclusion mission is now one step closer to reality.
Everex has also been inducted into the Business Accelerator Frankfurt program where more than 500 startups were screened with only the best 5 to be retained for the next step. The program aims to support FinTechs with resources to enter the German market and to help with connections to banks and other licensed financial institutions from those who have already succeeded in Europe’s biggest market.
Collaboration between Everex and a licensed Australian FX broker house handling FX transactions in more than 200 countries and 30 currencies worldwide.
Everex is also one of the FinTech companies to be members of the Thai FinTech Association
Listings
$EVX was listed on two new exchanges to make EVX tokens accessible to more supporters and amplify the trading volume.
Lykke, a Swiss-based marketplace where any sort of financial instruments can be traded and settled peer-to-peer with second-by-second interest payments from over 135 countries.
Huobi.pro, one of the largest digital currency exchanges in China to establish a strong presence in the Chinese market.
$EVX has also been selected and listed on the ETHLend platform where the $EVX can be used as collateral.
Development and new product feature
The tech team has pulled in a lot of long hours and the weekly sprints have become sprint marathons in delivering the updates in the quality to expect.
In a major development of product testing, Holley Group of China (seed investor) and Everex will be working on pilot testing our suite of products. This pilot will be key as it will focus on serving inter-company payments and B2B payments for the conglomerate. A successful pilot with Holley Group will open opportunities for Everex to work with the full network of Holley Group’s vendors, merchants and customers.
In terms of new product features, Ethplorer, which is Everex’s backbone product, has seen additional features being implemented in parallel to building up the pilot testing. The new update sees the addition of an Index and a Top-50 listing of the Ethereum tokens with activity and classification among other things.
Marketing & HR
To increase traction and communication channels, we have signed two strategic media partnerships who will assist us in broadcasting different types of content, with increased frequency of communication from Everex:
Thai Crypto Club
Bitcoin Addict Thailand
Ramping up the pool of talent, we have had strategic hiring across operations and business development verticals.
Rosalia Gitau, our new Director of Operations and Strategy has over a decade of experience in frontier markets and cross-border operations in Asia, Africa and the Middle East with the UN and Shearman & Sterling, LLP.
In addition, we are also very excited to welcome Tim Scheffmann, an Ex-Credit Suisse banker with proven experience in mobile banking and e-wallet expertise across South-East Asia. As a consultant to Everex, Tim brings in his valuable network of relationship with various central banks in Asia, and decades of experience in Project Management, Technology and Blockchain development for Everex.
In line with our expansion strategy, we are also looking to further grow the team. Currently, we are looking for Russian-speaking Node JS developers and a creative Thai Digital Marketing Manager to support our CMO, Visakha Thongphetsavong, for activities in Thailand in order to reinforce awareness and establish enhanced visibility within the community.
Events and Conferences
Everex was exhibiting at Money 20/20 conference in Singapore, where we had the privilege to meet a lot of industry leaders in the payments space such as World Bank, Mastercard, Air Asia and Grab to name a few. Earlier this month, our CEO Alexi Lane, was a panelist on the ICO: Legal, Regulatory and Tax policy in Thailand.
In these conferences, we have seen remarkable interest and received valuable feedback for Everex’s blockchain solution, from payment service providers, mobile operators, challenger banks, digital banks, remittance companies and many more.
What to look forward to
Along with the continued talks and discussions for partnerships, Everex will also be represented by our team members in these events.
The Euromoney East Africa Conference co-hosted by the Central Bank of Kenya with Evgeni Mitkov, COO of Everex as a keynote speaker sharing the stage with the governor of the Central Bank of Kenya along with the Senior Vice President of the World Bank Group. Given our ongoing efforts and discussions with a set of central banks, we might see some further progress in this direction.
Furthermore, as a part of our expansion plan into the GCC region, we are excited to speak at Saudi Fintech Forum among other global leaders about the importance of digital transformation for the Kingdom of Saudi Arabia. This will be held in the first week of May in Riyadh, KSA.
Everex will also be represented at Money 20/20, Amsterdam as an exhibitor to improve our presence in Europe by forging alliances with banks and other payment service providers in Europe.
This aligns with one of our major goals for this year which is to obtain the necessary licenses we are actively pursuing and gaining additional exposure into new regions.
Along with the partnerships and development, we have a clear focus to increase our marketing activities going forward. Our main area of focus is B2B.
We thank all of you for your patience and continued support in the team and our products. We aim to continue giving positive updates to the community in terms of partnerships, business development and marketing and we are looking forward to a great Q2.