|Valuation||55M (2016 June)||80M (2017 June)|
|Does it have a product?||Yes. 200k users at that time.||Not public. 1000 Beta testers.|
|New users per day||1500||0|
|Competitive advantage||Free currency exchange||0.1% cashback on spent cryptocurrency|
|valuation 2017 08||420M||420M|
|active users 2017 08||500.000||0|
After Revolut announced that it will ad 3 main cryptocurrencies to its app – what is the competitive advantage of TenX then?
What valuation would i give?