Just a little over two years after raising £1,2 million through its equity crowdfunding campaign on Crowdcube, UK-based fintech Nebeus has launched a new funding round on Seedrs to raise a minimum of £400,000.
As 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.”
Nebeus further revealed that it is launching its Mastercard through a partnership with open API banking platform, RailsBank. It is also applying for an Electronic Money Institution License in the United Kingdom before the end of 2020. The startup also revealed:
“One of the leading consultancy and compliance firms in the UK, Compliancy Services, has partnered with Nebeus to support them in their application process. In 2021, Nebeus further plans to apply for an additional EMI License in Spain to comply with EU rules and regulations after Brexit.”
Speaking about future plans, Michael Stroev, COO of Nebeus, stated:
“We have huge plans for 2021, and our crowdfunding campaign is a unique opportunity for potential investors. Investors will reap benefits from investing in our equity by seeing their investments grow as Nebeus grows.”
Nebeus then added that those who will invest in this crowdfunding campaign will benefit from receiving a 20% discount plus 8% interest on the company’s future Series A investment round, planned for 2021. The funding round is set to close in December.
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