LDJ Cayman Fund Ltd, an offshore investment arm of LDJ Capital's Venture Capital (VC) Division, announced today its $3 million (USD) investment in Starcave Global, a Hong Kong-based company that provides financial cybersecurity, digital payments services and technology
NEW YORK, Sept. 5, 2019 -- The current centralized structure of the payment and financial system does not do enough to prevent incidents of hacking, fraud, and accidental payments. Starcave is rebuilding these systems and structures to be hack-proof, relying on MCCX-powered services such as its unique Color Code Technology, Ghost Wallet, Ghost Payments, Ghost Card, MCC app, and Starlight app.
LDJ Cayman Fund's investment affirms the potential of the MCCX project to address weak security and vulnerable technologies in the existing financial services and payments space.