CashOnLedger (Accelerator)

Company Description: Our world is becoming increasingly connected - by 2025, 41.6 billion IoT devices will generate 79.4 zettabytes of data. Data, that is currently disconnected from financial services and remains unused. CashOnLedger is the technological bridge between banking and industry, and enables the realization and scaling of new, seamless digital business models such as Pay-per-Use and Asset-as-a-Service. With CashOnLedger's payment engine, companies are finally able to monetize their data streams. Whether it's telematics data from vehicles or usage data from milling & drilling machines, connected to us, the data is processed and fed into a billing logic that can be as complex as needed. But our solution does not only trigger invoices in leading ERP formats and automatic payments, at the same time we track each transaction as well to analyze the profitability of machines, vehicles or other devices. Hence industrial products such as machines or commercial verhicles are transformed into financial assets and become investable.