What's New, What's Next?

As we approach the end of the year let’s take stock of BANF’s current situation and what’s on tap for 2023.

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Series A Round Funding

?Earlier this year BANF was thrilled to receive Series A round of investment. This will allow BANF to increase development of its technology while also being more able to hire passionate, dedicated, and experienced people that will be able to help the BANF team move forward. We believe in the power and potential of BANF’s technology, and this round of investment shows that other people do too. Future investment rounds are in the offing, and this will allow BANF to fully expand globally.

Increase in Hiring

?As mentioned above, BANF has been able to hire more qualified people to help in all aspects of the company from operations to engineering to marketing. This is a tangible and positive way to see that the company is growing and proceeding along a healthy, viable trajectory. We’re excited about the potential of these new team members and the positive growth of the company that they will be able to contribute to.

Building Partnerships

?BANF is currently in the process of building and developing partnerships with companies and individuals who align with our goals and aspirations. These partnerships include significant players in the automotive, autonomous vehicle and tire industries. These relationships are highly valued by BANF and we’re always looking to expand our base of collaborators and partners. BANF seeks to be a global leader in the smart tire industry and building important partnerships will help us to achieve this goal.

Expansion to the US Market

?The first step in BANF’s global expansion begins with the US market. The prevalence of autonomous vehicle companies, leading tire and trucking companies and huge trucking industry overall make this a first logical step. Our marketing team is currently hard at work to lay the groundwork for such an important and necessary expansion. Down the road, BANF will be seeking ‘boots on the ground’ in the US market to really enhance our viability of achieving success on the US market. We welcome this challenge and look forward to a bright future with our US-based partners.

Conclusion

?We at BANF are excited to see the progress we’ve made so far, and we anticipate a bright future for BANF, our team members and our partners. We welcome further connections and relationships so please don’t hesitate to get in touch with us.?