Billon Group is an innovator of a new type of distributed ledger technology (DLT) that processes national currency and business documents with blockchain technologies.
Billon created a new high-performance Distributed Ledger Technology (DLT) system which unifies national currency transactions, documents on-chain, and identity management into a single system.
Billon Group was founded in 2012 by Andrzej Horoszczak. The company is headquartered in London, with an office in Warszawa, Poland.
Billon created the first enterprise DLT system unifying national currency transactions, document management, and identity management into a single architecture. The system solved the challenge of transacting micropayments at scale, and it also encrypts documents and data on-chain, unleashing the transformational capabilities of blockchain technologies in the regulated world.
Billon works to implement its technology commercially with leading business partners, such as FIS in the US and BIK (the Polish credit office) in Poland. In 2018, the company joined the FIS Venture Center accelerator, and won the Global FinTech Hackcelerator at the Singapore FinTech Festival, showcasing a solution to zero-cost blockchain micropayments.
Billon Group is backed by FIS, Rising Tide, Mencey Capital, VCF III and others. The company raised $6M in a Series A round on Mar 19, 2020. This brings Billion's total funding to $22.5M to date.