Nebeus, a London and Barcelona-based fintech startup that bridges crypto with cash and with instant loans, has launched a convertible loan crowdfunding campaign on UK platform Seedrs.
Investors in this crowdfunding campaign receive a 20% discount plus 8% interest on Nebeus’s future Series A investment round, planned for 2021. The principal amount of each investment, plus 8% interest, will convert into equity shares at a 20% discount to the price of Nebeus’s shares during the Series A round.
The company said the proceeds will be used for growth and expansion, and to launch new products and services.
Nebeus wants to raise funds to fuel its growth and launch new products and services, such as the brand-new Nebeus Mastercard, planned for Q1 2021.
Nebeus is launching its Mastercard through a partnership with global Banking-as-a-Service platform Railsbank.
It is also applying for an Electronic Money Institution License in the United Kingdom before the end of 2020. In 2021, Nebeus further plans to apply for an additional EMI License in Spain to comply with EU rules and regulations after Brexit.
According to Michael Stroev, COO of Nebeus: “We have huge plans for 2021, and our crowdfunding campaign is a unique opportunity for potential investors. Investors will reap benefits from investing in our equity by seeing their investments grow as Nebeus grows.”
