NextBank Secures $950,000 in Seed Capital!
NextBank, the world’s first international Bitcoin bank, announced a launch date in 2016 as well as now taking early registrations due to the successful funding NextBank received.
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.
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.
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.
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