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Hosting blockchain-as-a-service software solving the toughest global problem – Extreme Poverty

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Ashish Gadnis

Cofounder & CEO at BanQu

More about Ashish »
Employees 6–20
Headquarters Minneapolis, Minnesota, United States
BanQu is the first ever non-crypto blockchain-based Supply Chain and Economic Passport platform, enabling transparency, traceability and sustainability for smallholder farmers (especially women), workers, miners, waste pickers, refugees and those living in extreme poverty. BanQu has also become the leading global platform for ensuring COVID-19 supplies are reaching the most vulnerable nations and communities in the MENA region. BanQu operates in 41 countries, with over half a million last-mile-first-mile beneficiaries on the platform. Organizations are using its services everyday to achieve their goals of profit-with-purpose. While maintaining ownership of their personal data, a BanQu user decides what information to share and with whom. BanQu believes that providing people with control of their own Economic Passport creates Dignity Through Identity™.

Notable Achievements

  • BanQu is a for-profit-for-purpose SaaS platform that turned profitable in 2020 and today (end of 2021) is deployed in 57 countries.
  • We have over 2.5MM households (smallholder farmers, informal waste-pickers, workers, refugees etc.) & 10MM community impact beneficiaries.
  • Our clients include global brands like Coke, Pepsi, AB InBev, Solvay, Wilmar, RD Pharmacy, IsDB, KDRP using BanQu to meet their ESG goals.

Currently Operating in 35 Regions

Press Mentions

January 26, 2022

Betting on Blockchain: $50 Trillion Supply Chain Industry Bets on Digital Tech

Read on Bloomberg »

January 10, 2022

BanQu cofounder joins Biden administration

Read on Minnesota Reformer »

March 19, 2021

Coca-Cola, BanQu launch payment platform for informal waste reclaimers

Read on Engineering News »

March 8, 2021

Empowering women farmers: “Our AB InBev farmers are no different than my family. I’m here to help them do even better.”

Read more »

February 11, 2021

The Circulars Accelerator

Read on World Economic Forum »

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