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10 Best Startups of the Year 2019

Connecting Anyone and Anything to Decentralised Services: TenX

thesiliconreview-toby-hoenisch-ceo-tenx-2018Stay in crypto - Spend your crypto - Benefit from crypto

TenX believes in connecting anyone and anything to decentralised services. Its mission is to bring the entire financial system right to your fingertips. TenX is a Singapore-based blockchain company that makes cryptocurrencies instantly spendable anytime anywhere. It gives people an opportunity to conveniently use their digital assets in everyday life.

TenX was founded in June of 2015. Back then, the company was called OneBit, as it was still focusing only on Bitcoin. The four co-founders Toby Hoenisch, Julian Hosp, Paul Kittiwongsunthorn, and Michael Sperk believe that the blockchain and cryptocurrency are the future of payments. They founded the company with a vision to have assets on the blockchain, available not only to industry insiders but to anyone in the world.

The TenX payment system includes TenX mobile wallet that can be funded with different cryptocurrencies (available on iOS and Android) and TenX debit/prepaid card, which can be used in almost 200 countries at over 42 million points of acceptance online and offline upon its launch.

It offers users access to several cryptocurrencies making it convenient and secure. Creating an outstanding experience from product to the customer is at the very core of what we do.

Success over the Years

Incubated by Paypal in 2016

TenX received its first outside investment in 2016, which was also the time when PayPal started to incubate the company for further growth. The company rebranded to TenX—a name inspired by not wanting to grow “one-bit” at a time anymore, but rather by “10x”—meaning ten times as much, covering the whole range of crypto space.

ICO in 2017

On the 24th of June, 2017, TenX completed one of the biggest and most rapidly funded initial token sales to date, having sold around 100 million PAY tokens and received 80 million USD worth of cryptocurrencies in 7 minutes. TenX is one of the few companies which has conducted a token sale while having a working product and an existing global user base. TenX has set the standard for a well-executed token sale. During the token sale, we accepted one of the most diverse ranges of coins and tokens any company has ever accepted, with Bitcoin, Ether, Litecoin, Dash and 18 different ERC20s.

Why go for TenX?

TenX has a vision that is of decentralisation beyond crypto-spending. It thinks bigger than a cryptocurrency payment company. It wants to be the fabric for the decentralised world. It also aims to connect anyone and anything to decentralised services.

Pair your TenX Card and Wallet to spend your cryptocurrency anytime, anywhere. Its unique range of products allows you to bring together both fiat and crypto with the flexibility to choose from different payments methods. Spend at over 42 million points of acceptance online and offline, in almost 200 countries. Choice of multiple digital currencies is given by the company. Enjoy access to several cryptocurrencies across different blockchains. Send and spend Bitcoin, Ethereum and Litecoin with the TenX wallet and Card. With advanced security its strives to offer users access to an ever growing range of blockchain assets at a maximum degree of convenience, all while adhering to the highest security standards in the industry.

Travelling? Spend your cryptocurrencies anytime, anywhere. Be in full control. Hold, send and receive popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin— right at your fingertips.

Spend in the real world at a real time. Cryptocurrency usability brought to a whole new level. Global payments enabled anytime and anywhere. Its unique range of products allows you to bring together many types of local and global currencies with the flexibility to choose from different payment methods with a tap of a button. Spend at over 42 million points of acceptance online and offline, in almost 200 countries - perfect for the world traveller.

Meet the Leader
Toby Hoenisch | Co-Founder & CEO

Thrill-seeker, passionate learner of everything learn-able, who makes impossible possible, Toby started programming at the age of 10. Having realised the unlimited potential of technology, he studied Computer Science and Artificial Intelligence and became a serial entrepreneur & blockchain expert. Toby is a frequently invited speaker at global Tech/FinTech events as well as a regular commentator in the media on current blockchain trends, the future of cryptocurrency and best ICO practices. When he is not architecting and re-envisioning the world of finance, he can be found dancing salsa or practising acro-yoga. He along with Julian Hosp (Co-Founder and President), Paul Kittiwongsunthorn (Co-Founder and CDO), and Michael Sperk (Co-Founder and Engineering Lead)

“We’re more than just a digital currency card. Our mission is to bring the entire financial system right to your fingertips.”