hiveonline is a Copenhagen, Denmark, Kigali, Rwanda and Stockholm, Sweden-based startup delivering digital financial solutions for communities of entrepreneurs who can't access the formal financial system. It has two main lines of business based on the same core technology; a Savings Group product and a Cooperatives product, both creating a financial ecosystem for unbanked communities in developing economies, bringing financial services including identity, structured lending, risk aggregation and cheap digital cash (with license) without the need for bank records or formal ID. hiveonline provides frictionless financial administration and an incorruptible trust network, via a unique combination of behavioural analytics and multi-asset blockchain technology. The company has nine employees.