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  • June 9, 2022 5:39 am

”License: provision of investment and ancillary services

The authorised investment services indicated in the licence are execution of orders on behalf of clients, investment advice and placing of financial instruments without an obligation to redeem financial instruments.

Details:
• Year of registration: 2019
• Year of obtaining the license: 2021
• Paid in share capital ~310k euros
• Physical office in Riga
• All (most) of the personnel could stay – in general the team is professional
• Currently the main software is leased from a related company, also a related company is finalizing a machine learning / artificial intelligence solution to score loan originators based on vintage portfolio and cash flow data. Some other solutions are rented from partners (like solution for AML purposes – checks of sanctions, PEPs; ID verification solution)
• ~3000 registered users
• ~8M EUR outstanding investment portfolio, investors are returning and showing trust in the platform
• Bank account with Bank in Latvia, including a fully segregated account for investors (users / customers) funds in accordance with the requirements of the regulator

NOTE: to receive the name & details of the company, NDA should be signed and Buyer’s
Passport & Proof of funds should be presented.”

Overview

  • Category : Cryptocurrency

Location

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