Sofitto is a FinTech startup, established in January 2016 and incorporated in November 2016. Sofitto aims to merge Blockchain technology into conventional banking card products through the development of the ‘Sofitto card’. The Sofitto card enables an autonomous store of value directly on the card, which disrupts the traditional card and remittance system. With only marginal infrastructure expenses and transaction costs, this new banking card will significantly lower the barrier to enter into banking services, while at the same time, it will reduce the maintenance costs pertinent to conventional financial networks.