GenieICO
GenieICO
Business Loans Asset Exchange: Build a private capital hub for Asia Pacific built on smart contracts to make the flow of funds between Lenders and SME Borrowers more efficient, cheaper and safer.
Information
- ICO Time:
- 13.11.2017 - 28.02.2018
- Ended
- Soft Cap:
- 5000000 USD
- Raised:
- 5550000 USD
- Platform:
- Ethereum
- Restrictions:
- Website:
- https://www.genieico.net
Social networks:
Team
- Akshay Mera
- - CEO and Founder
- Bikash Saha
- - Director and Co-Founder
- Phillip Tan
- - Chief Corporate Strategist
- Samuel Leong
- - Chief Development Strategist
- Wai Leong Wan
- - V.P. Operations
- Anusha Anandan
- - Lead Technical Development
Advisors
- Tom Wills
- - Blockchain Technology Advisor
- Eric Smith
- - Payment Technology Advisor
- Ravi Madhira
- - A.I. Technical Advisor
- Ryan Lye
- - Cryptocurrency Investment Advisor
- Shailesh Venkatraman
- - Capital Markets Advisor
- Clarence Soh
- - Technology Advisor
- Malini Thakker
- - Marketing Advisor
Description
Crowd Genie is one of the few licensed and fully operational peer-to-peer digital lending platforms in Singapore. It was granted a “Dealing in Securities” license by Monetary Authority of Singapore (MAS) in March 2017. The company is now embarking on a token sale to enhance its platform, reach global markets and scale revenues. The token - CGCOIN - is released by CGSPV Pte. Ltd., a Singapore-registered related company of Crowd Genie Financial Services Pte. Ltd. (CGFS).
Key features:
- Crowd platform focused on lending to SMEs (small/medium sized enterprises)
- Monetary Authority of Singapore compliant KYC and due diligence performed for all users
- First platform in Singapore to introduce provision fund
- GenieShield – to protect Lenders from delayed payments and defaults
- Only platform where directors co-invest in every investment
- Strong track record, with no loss of capital for investors in any listing for the past 18 months
- All loans backed by personal guarantee of Borrower company’s director(s)