Instacoins founder nominated for 4 local Entrepreneurship Awards

19th September 2019 

The Malta-based start-up will be launching its crypto-Mastercard in the coming months


Adrian Kreter, a 24-year-old entrepreneur, has been nominated for four local entrepreneurship awards: Best Start Up Entrepreneur of the Year, Best Innovation Entrepreneur of the Year, Best Emerging Entrepreneur of the Year and Best FinTech Entrepreneur of the Year.

Mr Kreter is “shaking up the global FinTech industry through a secure and user-friendly platform that empowers clients with Bitcoin trading options,” Instacoins said in a press statement.

“Instacoins was created with the aim of becoming a universal fiat-to-crypto-to-fiat gateway. We’ve already made a lot of progress on the fiat-crypto side, now we’re tackling the other side of the coin. Along with our projects for the upcoming year, we will be launching our crypto-Mastercard — a great feature for travellers and a further sign of the beneficial applications of crypto,” said Mr Kreter.

Mr Kreter is nominated for Best Start Up Entrepreneur of the Year, Best Innovation Entrepreneur of the Year, Best Emerging Entrepreneur of the Year and Best FinTech Entrepreneur of the Year for his project Instacoins.

“Malta is a great place for start-ups and I have never been scared of taking calculated risks. Great opportunities lie in niches and areas where others are scared to take the risk, and I was one of the first to think and develop a business on the Blockchain Island. Back then, it seemed like a no-brainer to me,” he said.

Instacoins was set-up a year ago with the aim of becoming a market leader as a crypto-to-fiat bro-kerage. In July, it became an approved money transmitter business under US Financial Crimes En-forcement Network (FinCEN) regulations and is currently seeking to be one of Malta’s first service-providers to be regulated under the Virtual Financial Assets (VFA) act.

Malta’s Best Entrepreneur of the Year Awards are being organised by MBR Publications Ltd. to celebrate local entrepreneurs and thought leaders. The awards ceremony will be held at Smart City on Friday September 20, 2019.


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