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Bank4You
Mobile Money Remittance System by Bank4YOU Group
Mobile Money Remittance System - first convergence of cryptocurrencies with mobile network operator’s accounts based on blockchain. The Bank4YOU Group’s own, unique card solutions come packed with a range of state of the art mobile banking services. In addition, easy-to-use mobile Bank4You app at no charge, created by a team of highly-skilled and vastly experienced fin-tech specialists can be downloaded at App Store and Play Market.
Established in 2013 and headquartered in London, UK, in 2016 Bank4YOU transformed into Bank4YOU Group, an international consortium of fin-tech service companies operating within the electronic mobile payment services arena. FCA License No715451, issued by the UK's Financial Conduct Authority authorizes Bank4YOU to provide credit.
Bank4YOU Group provides customers with a wide range of pre-paid card options as well as other financial solutions. State of the art fin-tech products are developed for people with active lifestyles, such as students, tourists, migrant workers, and frequent travellers.
One of the biggest concerns for most people travelling to another country for extended periods is how to obtain access to banking services without the need to be a resident of that country. Bank4You Group makes it really easy for visitors to make in-country as well as cross-border payments, without the need for proof of residency or a local bank account. Its secure money transfer is based on use of state-of-the-art mobile app.
Bank4You Group now intends to launch its own ICO in order to accelerate the goal of scaling its service rollout across Africa, Asia, and Latin America. Based on current Bitcoin pricing and investments achieved by other similarly sized projects in the same sector, an indicative estimate for the total funding requirement is $10 million. This funding is required to support the company’s expansion into new markets and to develop enhanced services (including consumer micro-loans and the incorporation of Bitcoin and other crypto currencies within its money transfer services). It is expected to drive exponential customer growth, and the company believes it will have a signi cant positive impact on its market value.
Board Advisor- Early Adoption and Strategic Partnerships Rated on Mar 18, 2018
3
3
1
11%
I am disapointed this project is attempting to decieve investors by promoting a VISA backed card. Wavecrest lost VISA support back in January, when VISA stated they would no longer support crypto payment systems in any way. Bitpay, cryptopay and bitwala all lost support. I was in contact with a member of the project team and asked 3 times if they had agreements with VISA as implied on their website and whitepaper content. They have gone dark and have not replied after 3 days. I do not think this is a matter of updating marketing materials and I believe this is a puposeful attempt at gaining investor confindence through deception.
ICO Advisor, 50+ ICOs since 2016, Founder and Publisher of Blockchain News, partner Blockchain Partners, founder Cryptoassets Design Group Rated on Mar 14, 2018
4
3
3
10%
Not sure where you are going to get credit cards since Wavecrest is out of business more or less and VISA and Mastercard have slammed the doors on crypto. Team is good. Remittance space is a bit crowded and I don't see the USP over what's out there now.
Investor, Decentralized Economics Researcher, Crypto Visionary, FinTech Pro, Startup Mentor and Advisor Rated on Mar 26, 2018
3
2
1
6%
Team is OK, but the vision and the proposed products seems to be too late to the market. It can take only a small niche is a very competitive payments space, and it will come at cost. I like the idea of helping with remittances, but the product is not nearly as good as even existing competition. Technical solution in the blockchain aspect looks outdated and not optimal. Legal issues are neither sufficiently analysed nor they are adequately disclosed as a source of risk for the ICO investors.
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert Rated on Mar 21, 2018
3
3
4
6%
will change my rating if this can be solved...
1.Need to show developers and Need some good Advisors on team like experienced one.
2. Add more financial,Marketing planning etc on the wp.
3, overall everything is good. love the vision hope team will update everything soon so that I can change my rating.
Entrepreneur | Blockchain | Fundamental Investment Analyst Rated on Jun 22, 2018
2
2
2
6%
Large market potential but not convinced with the regulatory aspect of the project. Curious why they are promoting their company cards with VISA and how they will work with VISA when they currently has no plans get involved with crypto startups.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
