£3,000 of £10,000 funded by 2 backers
Campaign closes in...
iBAN Wallet is an app that helps you control your finances, allows you to transfer money between you and your friends, and creates an interaction between borrower and lender, taking money management, investment and borrowing to a completely new level. Through the app, the users will have a modern money management tool, integrated with gamification and risk management.
The app will feature a live updating investor’s marketplace where lenders can train their keen eye through loan requests in the search for a smart investment.
On the other side, borrowers state their loan requests in order to appear on the marketplace. The borrower can specify certain variables of their contract, attracting investors with better terms than the competition.
Sharing Economies such as AirBnB and UBER manage housing and transport – iBAN Wallet manages money.
Crowdlending (also known as peer-to-peer (P2P) lending) has disrupted the banking world with its sudden growth in popularity and viability as a sound investment model; an exciting alternative to the traditional banks. iBAN Wallet puts the power of investment, and the capacity to obtain safe, fast credit back in the hands of the User.
Substantial accomplishments to date
We currently have more than £2M in requests from users with a monthly growth rate of 100%. After successfully launching into a total of 3 countries this year, 2017 will see us also located in Germany, France, Argentina and Mexico, in accordance with our expansion plan.
We have already launched 3 rewards campaigns in crowdfunder.co.uk, with a 100% success rate – in the UK and Germany.
According to diariodigital.com.do, we are pioneering financial digitalisation in Latin America.
Our business model is simple: if a borrower receives money, we collect a fee for administration and legal diligence as a percentage of the total transaction, dependent on the specific arrangement of terms agreed with the borrower.
We are between 10% to 50% cheaper than the average fee charged by other institutions, in addition to being faster and easier to use thanks to the advantage of the Sharing Economy.
Daniel Eduardo Suero
Co-founder & CEO
- Founder & CEO of Nuevo Sol
- CFO & Founder of LEQ
Co-founder & CTO
- Business Consultant
- Risk Data Aggregation
Investor Relations Manager UK
- Business Consultant
- CRM Workflow
Glennys Rosario De la Cruz
- Commercial Sales Dept. Manager
- Collaborator in the Casa Rosada Foundation
- Full-stack Web Developer
- Data Storage Architect
Alberto Pascual Suarez
- Consulting Agent
- Risk Manager FX Savi Trading