Beam

Beam is an innovative payments and marketing system developed from Blockchain technology for supporting advanced solutions for commercial and services retail business through smart contracts with Merchants. It was ranked in 5th place among the top 50 most promising start-ups in Europe in Financial IT Pathfinder for 2016/17. The platform integrates any payment cards and provides marketing tools for Merchants who install terminals under smart contracts. Users access the platform through a free app download to smartphones by Bluetooth, accessing terminals installed in shops (physical or online) and receive immediate cashbacks in their wallet on each purchase. Beam is implemented with great success, with a positive perception from thousands of Merchants and Users regarding the higher advantages of the platform compared to competitors. Beam's strategy for expanding the network is to approach Merchants and Shops in any town under a vicinity concept to increase the volume of transactions performed through the platform. Furthermore, new innovations have been integrated, such as the system that allows Users to BNPL, and the creation of a digital currency (tokens) for the benefit of Merchants, Users, and other stakeholders as a monetary incentive. From now on, the expansion will be led from Lisbon, the capital of the World Web Summit, centralizing the world Property Technologic Rights of the Platform Beam. The next immediate step is to reinforce funding for the projects that are about to be launched for achieving higher objectives in the future. Private investors and business angels are showing interest in participating in their fund raising. Beam is open to sharing information directly with potential investors interested in their project and strategy. The last investment in Beam was a Series B investment at July 31, 2024. The headquarter of Beam is in the United Kingdom, and the company was founded in 2012. Their industries include B2B, B2C, Blockchain, Crypto, E-Commerce, Finance, Internet, Payments, Retail, and Marketing.