London based OweMe Raises $1 Million in Seed Funding
London based OweMe which is a startup that helps companies move money efficiently through their supply chain has reportedly raised an amount of $1 million in Seed funding.This round was led by pi Ventures.
The company basically increases profitability by removing supply chain costs using provenance and disintermediation for banks, large corporate buyers and suppliers.
The company is planning to use the funds raised in strengthening the product and the team. OweMe is a blockchain based platform enabling provenance of money in deep supply chains.
The company was co-founded
in 2016 by Nishant Singh, CEO, and Nisha Singh, COO, who have expertise in the
banking and fintech space.
“Finance is viewed as a single entities’ issue for ages. Oper...