Blue Star Capital is an investment Company with a focus on new technologies.
The Company focuses on businesses that have the capacity for substantial growth and increase in value.
SatoshiPay is a digital payments company that uses blockchain to offer payment services in three areas – business to-business (B2B) cross-border payments, micro-payments and digital wallets. SatoshiPay’s payment platform uses blockchain technology to provide payment solutions that are fast, reliable, cost-effective and secure. Blue Star holds a 27.9% stake in SatoshiPay, which is valued at £4.75 million, from an initial investments totalling £1.85 million.
In June 2015 the Company invested £50,000 in Sthaler Limited, an early stage identity and payments technology business which enables a consumer to identify themselves and pay using just their finger at retail points of sale. Sthaler jointly developed Fingopay in conjunction with Hitachi. Fingopay uses a unique finger vein ID process which is considered to be more secure than finger print readers and faster than chip and pin operations. The technology is widely adopted in Japan and it is Sthaler’s aim to commercialise the technology in the areas of payments and identification globally.
In November 2019, Blue Star invested approximately £150,000 in each of six esports businesses. The esports sector is experiencing significant growth and according to estimates by games and esports analytics provider Newzoo, may see total global esports market revenue increase to US$1.8 billion for 2022. The largest component of this estimate relates to sponsorship, media rights and advertising and the Company will take advantage of this growth opportunity by investing in franchises and infrastructure investments targeting different regions globally. In September 2020 Blue Star invested approximately £115,000 in FORMATION Esports for 9.6% shareholding.
Blue Star is investing at an early stage in each of these companies and as part of its investment Blue Star has secured the right to invest in future rounds of each company to allow it to maintain its position, if it so chooses.
In April 2020 Blue Star invested approximately £57,000 into Leaf Mobile which subsequently listed on the TSX Venture Exchange in Canada. Leaf Mobile owns a catalogue of available and to be launched mobile games.