Balkan Business Brief

How?Bizzllet's?journey with Attic42 led to a groundbreaking digital asset management platform

The story of? Bizzllet ?evolution is like many great startups - it began with a different idea from the one that ultimately succeeded. Originally, the experienced development team of? Milan Pajovic ,? Luka Isailovic , and? Milos Novitovic ?from Serbia aimed to create a tool that would simplify the process of building web3 apps for other developers, as it had been a major challenge for them in recent years. However, their journey took unexpected turns when they started cooperation with? Attic42 , leading them to the innovative product that? Bizzllet ?is today.

Experience, research about how organizations manage digital assets and experiments from Attic42 , venture builder and innovation hub,?Bizzllet's?team deep-dived further into the field and to make a key conclusion. The main turning point in the development and construction was the conclusion that organizations need more secure and efficient solutions to store and manage digital assets for their daily businesses. More precisely, organizations need one solution that gives them self-custody of their assets, has multi-chain?support?and enables them to set up role-based policies.

Bizzllet ?is a platform that assists companies, individuals, and teams in managing all aspects of their digital asset-related business operations. The solution supports a variety of blockchain networks, enabling users to manage multiple digital assets in one platform. This reduces the need for maintaining separate wallets for each digital asset, making asset management more convenient and efficient.?Bizzllet?allows users to set up shared wallets with teammates or business partners. This feature facilitates collaboration and simplifies the process of managing funds for joint ventures, project funding, or shared expenses. But this isn't the only benefit that the platform offers. The platform also offers the ability to create custom role-based rules for shared wallets, enabling users to define specific access permissions and spending limits for each member. This ensures better control over funds and prevents unauthorized transactions. Alongside,?Bizzllet?simplifies day-to-day digital assets operations with its one-click payment feature. Users can easily set up recurring payments, issue and pay invoices, or send funds to multiple addresses in a single transaction, significantly reducing the time and effort required for routine transactions.

Bizzllet?also offers a bridge between fiat and digital assets. Through?Bizzllet, companies can pay employees, issue their own tokens, and define tokenized equity vesting. All transactions are categorized, prepared for tax reports, and exported to accounting software, ensuring digital asset operations are conducted legally and seamlessly integrated with traditional financial systems.

Bizzllet's?team pointed out that becoming part of the Attic42 venture builder ecosystem made it much easier to solve all the challenges they faced, and the support they received meant a lot to them. Their platform will be launched in May and will be a great opportunity for companies already working with digital assets or looking to enter this industry to sign up on the waitlist on their?website?(https://bizzllet.com/) to get access to the premium features at a discounted rate.

Digital Dalmacija?launches?startup?acceleration?program in?Split

The startup community, Digital Dalmatia , has started the launch of the first acceleration startup program in Split. Digital Dalmatia is currently negotiating with several European venture capital funds, and the plan is to launch the program in the fall. In addition to financial capital, the program aims to provide education and mentors to the startup community, which would further improve business ideas and bring them to fruition faster. According to media reports, Digital Dalmatia has already signed a cooperation agreement with the Slovenian venture capital fund, Silicon Gardens , and is negotiating with the German Digital Hub from Bonn and the Austrian Silicon Castles. Among the funds that could be on the list of contributors is Startup Wise Guys from Estonia, which has invested in over 350 early-stage startups across?Europe and Africa. It is particularly encouraging that Start Up Wise Guys has 25 million euros available for investing in startup companies in the early stages of development. The presence of venture capital funds in the Dalmatian startup scene will represent a significant boost for the development of this startup scene and ecosystem, which has?lagged behind?Zagreb in recent years.

Adriatic Bank's acquisition of?Expobank?as a strategic move for expansion

The Balkan banking sector is no stranger to acquisitions and changes, and the trend continues with the latest news that?Expobank?from Belgrade has been taken over by Adriatic Bank from Podgorica. This acquisition marks a significant step in the expansion of Adriatic Bank, the youngest bank in the area, yet ranked fifth in terms of assets in Montenegro.?Expobank, backed by Czech capital, entered the Serbian market, and was later acquired by?Mafin?banka?in 2017.?According to Adriatic Bank, the acquisition process is a successful move that underscores the bank's continuous growth since the change of ownership in 2020. The move reflects the bank's commitment to expanding its operations, providing more services to customers, and strengthening its position in the market.