#centralway

4 Types of Spending - http://TechAcute.com/4-types-of-spending/

In this article I would like to narrow down valid channels of expenses. This is relative to the discipline of financial management, focusing on personal spending rather than organisational budget management.

Have you ever been wondering where your money goes to when the amount of money in your account is getting smaller and smaller towards the end of the month? A start in order to better manage…

The Bitcoin startup known as Buttercoin now has substantial backing from Centralway, a Swiss company builder.

Buttercoin is a promising new venture that aims to break down cross-border currency barriers. It is poised to revolutionize the international remittances market through the use of cryptocurrency. The company states that it will open Bitcoin exchanges in every country, beginning with India. In order to keep fees low, Buttercoin will partner with local currency exchange businesses that will also help it gain legal footing.

Centralway's first company-building endeavor is a mobile banking app called Numbrs. Centralway sees itself partnering Numbrs with Buttercoin in hopes of facilitating low-cost banking transfers.

According to Severin Ruegger, Centralway's Managing Partner, the company has chosen to invest in Buttercoin for three major reasons:

1. Charging 10% for international transfers is not sustainable in the long run, and is set to be disrupted.

2. Buttercoin's team is ambitious, and Centralway's team is capable of helping it executing this large-scale cryptocurrency vision.

3. There is substantial technology behind Buttercoin.