Topic: [2015-11-28]NextBank Secures $950,000 in Seed Capital! (Read 307 times)

Of course it's a start. I am sure they will have several more funding rounds to make sure they have enough liquidity in their bank. I hope it will push Bitcoin adoption by non tech people in the right direction. We'll see where it goes from here.

What people claim NextBank is a scam? Isn't it a bit to early at this point to call it a scam while it has not been launched yet...

I am wondering if the $950k is a start of the funding process. NextBank needs more than that amount to be operational. Some people claims it is a scam. I hope not.

In total, NextBank received $950,000 in seed capital investment, which $600,000 is coming from the founder of the company, Dim Voloshinsky. $330,000, also, was received by an angel investor near the end of October, with the last unaccounted $20,000 presumably coming from registration fees or small investors.NextBank

With stock shares going for $100 a share, this translates to 2.4% of total shares owned by Mr. Voloshinsky, 1.3% shares owned by the undisclosed angel investor, and 0.08% from small time investors. This leaves 96.2% of the shares untouched if NextBank is to achieve its fundraising goal of $25 million.


 About NextBank:

Bitcoin bank NextBank will be operational in early 2016 and offer cryptocurrency users worldwide International Debit Cards and private bank accounts. NextBank accounts will be designated in both popular fiat currencies and digital money such as Bitcoin. NextBank will offer fiat currencies, cryptocurrencies and precious metals such as Bitcoin, Litecoin, gold, silver, platinum, palladium, GBP and USD on single multi- currency accounts. A single NextBank account will be able to support over 135 currencies and precious metals. NextBank will also allow SWIFT transfers, offer an escrow service and be a fully functional currency exchange. NextBank will offer market competitive rates from 0.2% for the most popular currencies to 0.4% for less popular currencies. Fully focused on the international market NextBank will be able to assist clients in 50+ languages. Dedicated bank managers will be able to guide customers in their own language; making NextBank a valuable asset in international, multilingual co-operations. For the ultimate international banking experience NextBank plans to launch 7 regional offices worldwide in 2016: in the UK, France, Germany, Spain, China, Malaysia and Russia.


http://bitcoinist.net/nextbank-secures-950000-in-seed-capital/