Ethereum-based blockchain banking app – Humaniq, announced that it has opened a new office space in San Francisco after the successful pre-seed funding campaign.

The pre-seed funding reached to 12,000 participants and surpassed $5.2 million. The recent move will intensify the capacity of Humaniq in order to accelerate global social impact by working with leading organizations in San Francisco. Also, establishing the new office will capacitate world-class technologists in finding solutions to fundamental global issues facing humanity.

“Humaniq's new US HQ in Silicon Valley allows us to be a piece of the powerful technological puzzle that has produced success after success in numerous areas of Industry 4.0. With a footprint in California, Humaniq will be able to share its vision of empowering the unbanked using technology while enlisting unparalleled genius from the vibrant and successful business community,” Humaniq CEO, Dinis Guarda, stated.

The new office was opened on May 3 and will comprise of a small research and business development team that will have Senior Advisor Lene Schulze, a thought leader, business developer, and strategist. She has had the experience of over 13 years in advising and accelerating numerous startups' growth through platforms such as SCALEit.us and Nordic Innovation House. Lene has assisted various large corporations in the digital transformation and other innovation processes.

“I am excited to welcome and introduce a truly purpose-driven startup, Humaniq to San Francisco. There are significant developments in the cryptocurrency and blockchain space happening right here in Silicon Valley that Humaniq will have to stay connected to and not least there are many potential partners who could be crucial in reaching the grand goal of helping 1 billion unbanked,” Lene mentioned.

The office will also have the support of senior officers and advisors. Headquartered in London and with the expansion into U.S., Humaniq will be on the track in developing banking 4.0 as well as using blockchain for social good. The new office will allow the company to showcase the potential uses of its technologies, as well as the significant opportunities.