Receive all Cointelegraph news immediately in Telegram.
In September, Bankera completed one of the biggest pre-ICO sales to date after raising 25 million Euros and gathering more than 16,000 contributors.
In September, Bankera completed one of the biggest pre-ICO sales to date after raising 25 million Euros and gathering more than 16,000 contributors. Now, after much anticipation, it is announcing the details of its ICO sale, which will begin on November 27th.
Bankera is building a revolutionary bank for the blockchain era, which will eventually become a one-stop store for all financial services. It is an operational fork of SpectroCoin, a cryptocurrency solution service with an existing base of 460,000 clients and has issued more than 64,000 cards. Since it has already developed a core infrastructure equivalent to traditional banks, a natural extension of the company is to leverage the existing technology to build Bankera.
Bankera has built a team of over 50 talented professionals with diverse fields of expertise. Audrius Ziugzda, an expert banker, is the latest addition to company’s advisory board. He brings with him over 20 years of experience in the banking sector, mainly in the M&A, banking operations and strategic fields. He joins names such Lon Wong, president of the NEM.io foundation and Antanas Guoga, a member of the European Parliament.
In order to operate in a spectrum of different fiat currencies and to facilitate cross-border transactions, Bankera will seek banking licenses in several key jurisdictions. This will help to lower the number of counterparties, resulting in reduced costs for the end consumer. It will also offer core banking services such as savings and loans accounts, as well as low-cost investment products such as exchange-traded funds (ETFs) and crypto funds etc. Through Bankera’s MVP, SpectroCoin, contributors and clients can already use its services including fiat and cryptocurrency wallets, exchange and payment processing services. They can also order cryptocurrency debit cards, which can be linked to Bitcoin, DASH or Ethereum wallets. Bankera’s business development strategy, led by Craig Grant, who formerly worked at the Paysafe Group and Currencycloud, continues to deliver innovative and unique results; The latest with release of the demo version of Bankera’s exchange platform and the ability for its users to claim International bank account numbers (IBAN).
As the world of blockchain technology continues to grow and diversify, Bankera realised that they needed a viable product that would address the needs of all of its users. SpectroCoin’s focus has been on giving its users a platform to purchase, sell and trade Cryptocurrency. However, its main focus has been on Cryptocurrency as a payment option, which has therefore led to a solution tailored for that in regards of user experience, interface and cost structure. As trading becomes more widespread, Bankera continues to adapt to the always-changing market. As such, they have developed an in house, cost-effective exchange platform that will give its users the ability to trade at a most lower cost. Bankera’s exchange will support most of cryptocurrencies such as Bitcoin, DASH, Ethereum, NEM, Litecoin to name but a few as well as ERC20 and NEM mosaic tokens. The company will be working closely with ICO contributors and cryptocurrency users throughout the project development, since it aims to develop a product that fits the needs of the community.
Bankera recently completed a fundraising round which offered Banker (BNK) tokens in order to raise funds for the project. Its successful pre-ICO sold 2.5 billion tokens (worth over 25 million Euros) in just three works, which has determined the ICO initial token price, which will start at 0.017 EUR per BNK. During the ICO, 30% of the tokens will be available to the public on SpectroCoin. ICO contributors will be able to choose from more than 20 payment methods when to purchase their BNK tokens. These include a variety of cryptocurrencies, such as ETH, BTC, DASH and XEM, and fiat currencies like EUR, GBP, and USD.
During the ICO, Bankera will continue to offer a weekly net transactional revenue share for all token holders. After the ICO, the company aims to obtain a banking license and transition to a fully operational banking service for both, fiat and cryptocurrencies.
Company name: Bankera
Company site: https://bankera.com/
Company contacts: Sv. Stepono g. 7, LT-01139 Vilnius
Follow us on Facebook
This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
For updates and exclusive offers, enter your e-mail below.
Thank you for contacting us! We will reply to you as soon as possible.
Thank you for your interest in our franchise program.
We are considering your request and will contact you in due course. If you have any further queries, please contact: