BanQu

BanQu

A platform that allows to follow raw materials and finished goods from source to shelf to salvage.

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$7.0m

Series B
Total Funding000k
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BanQu is a pioneering blockchain software platform dedicated to promoting ethical business practices and sustainability. The company primarily serves smallholder farmers, helping them gain financial identities and ensuring transparency and equality in their transactions. BanQu operates in the agricultural sector, with a specific focus on the cassava value chain, but its solutions are also applicable to other industries like mining, energy, and recycling.

BanQu's business model revolves around providing a comprehensive platform for traceability and reporting. This platform allows businesses to track the origin and journey of their products, ensuring compliance with environmental, social, and governance (ESG) standards. By doing so, BanQu helps companies prove their sourcing compliance, track carbon credits, and manage reforestation efforts. This transparency not only benefits the environment but also enhances the livelihoods of smallholder farmers by integrating them into the global economy.

The company generates revenue through subscription fees for its software platform, which businesses use to manage their supply chains more efficiently and ethically. BanQu's clients include large corporations like AB InBev, which leverage the platform to solve business challenges, improve processes, and build ethical brands.

In summary, BanQu is a blockchain-based platform that empowers smallholder farmers and ensures supply chain transparency and sustainability for businesses. It operates in the agricultural, mining, energy, and recycling sectors, providing a one-stop solution for traceability and ESG compliance.

Keywords: blockchain, sustainability, smallholder farmers, traceability, ESG compliance, supply chain, transparency, financial identity, ethical business, cassava.

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