"In our efforts to increase awareness around crypto related security and best practices, our main focus is education".

Stuart Millward - Coinbite® Founder

Here at Coinbite, we have ambitious plans to accelerate progress in one of the most pressing societal challenges facing the world today – reducing global wealth disparities (see below).

To illustrate; the total market size for global fixed income and equity was worth approximately $178 trillion in 2019 with 43.9 % of global wealth being held by 0.9 per cent of the world’s population.

More than half the global population are at the bottom of the wealth pyramid collectively holding a mere 1.8 % of wealth.  Given this statistic, it is easy to understand why investment remains the privilege of the mass affluent. Coupled with the fact that a significant percentage of the population has limited access to banking services hampers further this group’s ability to save, accumulate wealth and therefore, break the chains of poverty. This is all about to change. 

As an innovative, decentralised financial services (DeFi) organisation, we have a clear roadmap to develop a range of 'next-generation investment and banking services including a mobile digital wallet that provide large, under-banked populations with opportunity to engage in financial activities they were previously excluded from and in doing so, we are proud to support the United Nations’ sustainable development goal of reducing inequality.

Looking to the future, coinbite® have plans to create a range of de-centralised financial services with clear social purposes.  To fulfil these ambitions, we are in the process of attracting top talent to our management team, the best technical staff from around the world and the support of some of the most influential entrepreneurs from a range of industry sectors. 

If you would like to explore what it means to join us on this unique journey please get in touch.