Excelon | Banks disrupted

London, United Kingdom

27% Raised

Short Summary

We need banking not banks, B.Gates said in '94. Excelon is a secure, mobile-based current account that allows you to hold, exchange, transfer and pay globally. Targeting €3 trillion transactions and offering financial freedom to 135+ million European

Highlights

  • Entry at an attractive valuation, anti-dilution and preferential exit terms
  • Finalized product with commercial launch planned in January 2019
  • Licences and Mastercard program already in place
  • Existing customer base of 67K users from 127 countries, increasing everyday
  • Executed distribution agreement for 50K cards builds additional visibility
Please note: Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. This information has not been approved as a financial promotion, and you must carry out your own due diligence.

Angel Investment Network (“AIN”) is not a Stock Exchange nor does it intend to get recognized as a stock exchange under Securities Contracts Regulation Act, 1956. AIN does not facilitate any online or offline buying, selling or dealing of securities, clearing or settlement of trades of securities. AIN is not a network or a platform for the secondary market trading.

Overview

Target
Rs.13,00,00,000
Minimum
Rs.9,10,000
Investment Raised
Rs.3,60,00,000
Previous Rounds Rs.9,10,00,000
Stage Achieving Sales
Investor Role Any

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