Overfunding: UK Fintech Nebeus Secures £1.1 Million Funding Target on Crowdcube

Nebeus, a UK-based fintech platform that is used for the consumption and creation of financial services and products, has successfully secured its initial £1.1 million funding target through its equity crowdfunding campaign on Crowdcube. The funding round has already attracted nearly 475 investors.

Nebeus 2As previously reported, Nebeus, which began trading in 2017,  reported it has captured a 50% quarterly year-to-date increase in sales of its financial services, including its crypto-fiat payment card, P2P Bitcoin loans, and the crypto exchange.

“As such, Nebeus is now riding the surge in sales to raise funds in order to widen its portfolio of crypto-to-fiat services and provide holders of cryptocurrency with additional means of cashing out into fiat currency, be it through debit cards, loans, or even regular bank accounts.”

The fintech startup also reported that it strives to deliver a highly convenient, client-oriented service that enables full benefit of the rapidly developing cryptocurrency markets – all while being highly secure, ultra low-cost and efficient with a best-in-class backend settlement platform providing liquidity on three core exchanges in Hong Kong, Tokyo, and London. It has already enabled €34 million worth of financial transactions and they have so far facilitated £1.9 million in P2P bitcoin loans.  Konstantin Zaripov, CEO and Co-Founder of Nebeus, previously stated:

“We are thrilled that CrowdCube investors are sharing our enthusiasm for Nebeus’ future growth as we move from private to public phases of the crowdsale this week. With over 38percent of our funding goal reached, we plan on scaling our business a lot faster.”

Funds from the Crowdcube campaign will be used to continue the growth and development of the Nebeus platform. The funding round has been extended and will run until mid-November.

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