What Is Bancr?
We are a team of diverse FinTech visionaries with financial professional backgrounds that span the payments, point of sale software, accounting, banking and financial brokerage backgrounds.
Bancr (pronounced “Bank-er”) is a dynamic peer to peer digital wallet and payments platform that provides users the ability to securely store and transfer funds without the restrictions of traditional brick and mortar banks. Bancr was built by experienced banking professionals with strict adherence to global legal and compliance protocol. The bank agnostic platform allows users to associate existing bank accounts domestically and internationally to the integrated wallet.
Powered by Blockchain Technology and Artificial Intelligence, Bancr ushers in a virtual banking experience with no intermediaries, holidays, weekends, or traditional banking hours. Smart Contract Execution is secure, transparent, and extensible. Transaction confirmations are pushed to its users in real time by using the proprietary integrated digital payment system either through our merchant point of sale system or online eCommerce payment gateway solution
Created in 2016, Bancr began as a secure decentralized way to store data and automate business organization’s processes and applications. Secure storage and automation using blockchain encryption has always been at the core of what we build. Over the years, it has become increasingly important to develop a borderless international remittance platform capable of servicing businesses that need to accept payments globally. Through this need, Bancr has evolved into the most secure, digital payments application for business and personal use.
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Banking services are provided by Lexicon Bank or Nano Bank. All cash is FDIC-insured up to $250,000 per account. The Bancr, Inc. debit card is issued by Evolve Bank pursuant to a license from Mastercard International.