Coldplay’s starGuy Berryman is backing the Scottish cryptocurrency startup Zumo, which recently launched its newsmartphone app.
The Edinburgh-based cryptocurrency startup has recently launched a new application for transferring and spending cryptocurrency.
The Zumo wallet allows users to store and send bitcoin and ether,in addition to purchasing BTC directly. The wallet also claimsto be fully decentralized, giving users control over their private keys.
Niki Jones, the CEO and founder of Zumo, continued, saying that Zumo was created for everyone, including those without bank accounts.
He highlighted the importance of “ordinary people” having control over their money, particularly in light of the global economic crisis created by the COVID-19 pandemic.
In addition to Coldplay’s Guy Berryman, the start-up has attracted investment from Murray Capital and the Scottish Investment Bank.