FinCryption, FirstBCH sign licensing agreement

FinCryption announced this week at LendIt Fintech USA, the world’s leading event in financial services innovation, that it has entered into a licensing agreement with FirstBCH.com, a crypto asset-based alternative lender.

FinCryption will implement its next-gen crypto security solution for FirstBCH, enabling the lender to conduct safe transactions in the nascent crypto asset-based lending market. According to the licensing agreement, FinCryption will provide white labeled Android and iPhone applications, as well as a back end secured by FinCryption’s proprietary security technology.

“FinCryption will be offering similar white label licensing agreement solutions to lenders starting today, at LendIt Fintech USA,” CEO Mike Myers said.