AB InBev invests in BanQu

Fresh out of Highline Beta’s inaugural 100+ Sustainability Accelerator, BanQu has now picked up investment from AB InBev.

BanQu is a software company leveraging non-cryptocurrency blockchain technology to help unbanked populations in developing countries build financial identities. The startup is said to provide complete supply chain transparency to global brands, with a focus on the people traditionally cut off from banking systems, like small-scale farmers, which AB InBev works with across the globe.

“We were blown away by the founders of BanQu and their mission,” said Highline Beta in a statEment. “Ashish Gadnis and Jeff Keiser are repeat entrepreneurs, with a previous exit under their belts. They’ve worked together before (and had a successful exit together), and are back at it with BanQu.

“Ashish has 27 years of experience in global business solutions, technology deployments, startups and social enterprise in extreme poverty / conflict zones. He’s worked in and lived on 5 continents. Jeff has an equal amount of experience running businesses, with a focus on operations. He’s worked in large consulting firms, large corporations and startups. He’s seen and done it all.”

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