Fintech startup Nebeus aims to bring borderless banking to 2 billion
by Startacus Admin
Crypto financial services startup Nebeus launches a £1.1m crowdfunding campaign to bring banking 
services to 2 billion unbanked citizens.
The World Bank estimates that the potential market value of the 2 billion global unbanked, which includes 138 million Europeans, is £380 billion. Step forward Nebeus, a London-based fintech platform which is working to bridge the gap between crypto and fiat finance through the use of blockchain technology.
Nebeus’ work to bring future-proofed, innovative services to the unbanked is set to be boosted with the launch of their latest crowdfunding campaign which went live on Crowdcube today and has already attracted over £400,000 of their £1.1m target.
A Level 39 member and portfolio company based in London, Nebeus was founded in 2014, with the platform going live at the end of 2017. Thanks to their borderless approach to financial transactions and remittances, they have already enabled the transaction of €34 million and facilitated £1.9m in P2P bitcoin loans to date. Nebeus also operates an open API, meaning their infrastructure is being incorporated into wider payments systems across the world.
With this latest investment, the team behind Nebeus aims to obtain e-money license from the FCA and bring their services to an even wider audience; boosting their credentials as the sector leader in P2P crypto loans, enabling more people to create user-friendly crypto wallets, helping customers avoid eye-watering remittance charges (which currently have an average charge of 7%), and widening the use of their Nebeus card to allow for seamless crypto to fiat transactions via ATMs, online, or in retail settings.
Konstantin Zaripov, Co-Founder and Director of Nebeus, commented:
“With this crowdfunding campaign, we will be able to further our mission of creating an inclusive, borderless global 
economy. We have a strong track record and an existing community of over 60,000 users who have created 30,000 wallets on our platform. In the last few months, we’ve been able to integrate with local payment corridors for over 400m consumers in Africa. Following this fundraise, we are looking to accelerate our plans to expand this to Europe, Asia & South America, empowering more people and allowing them to be part of the future of finance.
“We want to create an ecosystem where those who add value are rewarded, and those who consume services and products can do so in a competitive and secure environment, built on blockchain technology. Our current campaign will bring us a step closer to achieving this.”
The Nebeus crowdfunding campaign can be seen here and will be live until 23rd October.
Interested in Fintech startups? You might want to read up about:
P2P investment aggregator Orca raises £500k in two days
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Wagestream offers employee financial wellness at a click
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Published on: 24th September 2018
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