CoinText

CoinText is a startup dedicated to providing global financial access to individuals with a mobile phone. Their slogan, "Empowering global finance accessibility for everyone through SMS-based Bitcoin Cash transactions," encapsulates their mission. The platform enables Bitcoin Cash transactions via SMS, without the need for internet access, opening up global market opportunities for billions of impoverished and underbanked people. Even users with basic mobile phones can utilize Bitcoin Cash. In addition to this, CoinText is working on developing a comprehensive suite of tools for various situations where SMS transactions are advantageous, including merchant and charity solutions, gaming and sports betting, ATMs and vending machines, smartlocks, and more. Founded in 2018, CoinText received a $600.00K Seed Round investment at 02 July 2018 from Yeoman's Capital. The innovative approach of enabling cryptocurrency transactions through SMS, especially targeting the underbanked population, has the potential to revolutionize the financial inclusion landscape. This investment signifies the confidence of Yeoman's Capital in CoinText's vision and offers a strong foundation for the startup's future growth and development. With this strategic investment, CoinText is poised to make significant strides in empowering global financial access through innovative technology.