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Adhara is an information technology and services company dealing with cryptocurrencies. Adhara aims to bring such types of currency into conventional banking. With such avant-garde ideas, Adhara has secured a funding of $15 million from ConsenSys, which is an angel investment company that always invest their money and other assets in hi-tech and innovative organisations like Adhara, which revolutionises the world with innovative ideas.
The company is founded and led forward Edward Budd, Julio Faura, and Peter Munnings who were working in banking firms. They visualised the idea of introducing cryptocurrency into the banking sector. Julio Faura was the founding chairman of the EEA, Alastria, and a board member of WSBA. He also co-founded the USC project.
Edward Budd is the mastermind and was the Chief Digital Officer at Deutsche Bank and the Head of Product Development at Autobahn Distribution. He won the Brummel’s ‘Rising Stars’ and Handelsblatt's Top 100 Innovators award, which exhibits his brilliance and determination.
Peter Munnings is the Chief Operational Officer of Adhara who spearheaded the major technical innovations at FirstRand Bank treasury, and the Central Bank RTGS space via Project Ubin and Project Khokha.
During the inception stage, Adhara had only a few employees but now they have 50 employees who are working in different departments. Adhara expanded its assets from its inception stage. The company is located in London, England and they are running their operations there. The company also deals with liquidity management, which is helpful to access easily available cash for short-term investments, goods and services, and cover debts.
Adhara has been featured in the highly reputed Sibos 2019 and is currently in talks with Union Bank to deploy their cryptocurrency and liquidity management services.
The progress and success of Adhara is a source of inspiration for entrepreneurs who have innovative business ideas. Believe in your calibre and execute your ideas. Build a good network that can help you morally and financially if you are planning to become an entrepreneur.
