A British financial technology platform supported by renowned entrepreneur and cryptocurrency influencer Brett King has initiated a crowdfunding campaign seeking to raise more than £1 million.
Based in London, the platform is described as a comprehensive financial services hub, facilitating the buying, selling, storing, lending, and borrowing of cryptocurrency. The company, established in 2014, became operational in late 2017. Since its launch, it has reportedly enabled financial transactions worth €34 million and facilitated £1.9 million in peer-to-peer bitcoin loans.
Currently operational in 45 countries, the platform has ambitious expansion plans targeting Europe, Asia, and South America. The crowdfunding campaign, launched on Crowdcube, aims to generate at least £1.1 million, with 38 per cent of this target already achieved.
“We are thrilled that CrowdCube investors are sharing our enthusiasm for our future growth as we move from private to public phases of the crowdsale this week,” stated CEO and co-founder Konstantin Zaripov. “With over 38 per cent of our funding goal reached, we plan on scaling our business a lot faster.”
Zaripov has accumulated significant experience in both private and Nasdaq-listed companies throughout his eight-year career in financial technology, beginning his professional journey as a commercial manager. He has also founded an e-learning platform, and following a successful exit, has occupied various senior positions in the industry. Meanwhile, fellow co-founder and Chief Technology Officer Sergey Romonovskiy has been an active member of the Bitcoin community since 2010.
In addition to Zaripov and Romonovskiy, the platform is supported by globally recognised speaker and bestselling author Brett King, who is also the CEO and founder of a mobile start-up that has raised $44 million to date and is often referred to as the “King of the Disrupters.”
With a noteworthy endorsement from Brett King and a robust operational model, the platform is poised to significantly impact the financial technology sector as it seeks to achieve its crowdfunding goal.