Barclays Invests in Blockchain Start-up, Crowdz

Barclays (a London Headquartered investment bank) is leading Series A funding round of the Crowdz (a blockchain based invoice exchange from Silicon valley) with $5.5 million. The CEO of Crowdz, Payson Johnston said, “Today, small and midsize businesses often have to wait for a financially crushing 90 to 120 days or more to get paid. It’s no wonder that more than half of them suffer cash-flow problems during any given year.”

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