#ashertan

CoinJar's CEO, Asher Tan wrote a piece, at the beginning of November, implying that tech investors in Australia lack the respective knowledge to know in what companies they invest.

A small talk with CoinJar’s CEO Asher Tan

  Melbourne based CoinJar has been on our radar for quite a long time so we decided to ask, its CEO, Asher Tan, a few questions.

Asher tells us that they are eager to work with businesses willing to explore Bitcoin and not just use it to raise their sale figures. This is why they collaborate with organic farmers. “From franchises to small and medium local enterprises, we see ourselves enabling businesses which have big aspirations in this space. Earth and Sky Organics has aspirations to help farmers around Australia with distributed financing -- we think this is a great idea.”

  CoinJar has more than 1000 businesses registered with them; the majority of them is located in Melbourne and Sydney.

 Few days ago Asher wrote an article on Business Review Weekly “Why I am not listing my start up anytime soon” claiming that CoinJar is not to be listed, for the time being, on the Australian Securities Exchanges. As it is looking for the right kind of investors.

  When asked whether there is a lack of investor knowledge in Australia’s tech sector, CoinJar’s CEO said: “While it is easy to say Australian investors are unsophisticated. I really believe it is up to entrepreneurs to evidence how success can be achieved. There are only a few big tech success stories so far in Australia -- my hope is CoinJar will be one of them, proving that a healthy startup ecosystem and savvy investors go a long way.”

  The CoinJar Swipe, a Bitcoin debit card, passed the trial season and awaits production. If it succeeds on the local market it will be extended internationally through one of the major card networks.