NewTech Friday: Colossos – Banking meets crypto

Colossos is an ultimate fusion of euros and crypto assets on a single money app, democratizing banking for crypto investors and Web3 businesses. Its CEO and Founder, Adrien Castellani, tells us more about this European fintech to be launched in December 2023.


What led to the creation of Colossos?

The inception of Colossos can be traced back to a pivotal moment in my life in 2022. It all began when my traditional bank sent me a perplexing email, demanding explanations for my cryptocurrency transactions. This incident wasn't isolated; it represented a widespread issue faced by individuals and Web3 businesses worldwide. This situation fueled my passion to create Colossos, and I've been dedicated to this project for nearly two years.

Traditional banks often struggle to grasp cryptocurrency nuances. They hesitate to serve crypto-related businesses, burden existing clients with paperwork, and pose numerous questions about crypto transactions. Delays in processing money transfers could lead investors to miss valuable opportunities. Colossos emerged as a solution to these challenges. We prioritize transparency, actively seek client feedback, and continuously enhance our platform to address their needs.