HubrisOne, an app that enables the purchasing and sales of crypto, is planning to raise capital on Seedrs.
HubrisOne was started by founders who “understood the challenges customers globally were facing with traditional banks.”
The company explains:
“As early cryptocurrency investors, we battled against switching between multiple apps to achieve simple actions. For example, sending money from our bank account to exchanges, waiting multiple days, struggling to spend our cryptocurrencies in-store, waiting multiple days for cross-border transfers and paying extortionate bank fees. We searched and could not find an appropriate solution. There had to be another way.”
In 2018, the company launched with seed capital of £150,000. Today, the company claims over 100,000 customers. HubrisOne has been granted two licenses in Europe (Estonia) to provide:
- Services of exchanging a virtual currency against a fiat currency
- A virtual currency wallet service
The service is said to be available in 80 different countries.
HubrisOne has also issued 150 million HBRS tokens used to reward customers as well as enabling certain platform discounts.
HubrisOne is accepting pre-registrations now for individuals interested in purchasing shares in the startup. The details of the offering are not yet available.
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