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Bitcoin Bank NextBank Halts Public Crowdfunding Process, Receives 2.35 Million USD Total in Seed Investment Capital

The World's First Bitcoin bank NextBank has stopped their public crowdfunding campaign. All those that have contributed small amounts to the $2.35 million fund will be minority shareholders or will be refunded in full. The vast majority of the fund comes from private angel investors.


News provided by

NextBank

Nov 25, 2015, 02:54 ET

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PORT VILA, Vanuatu, Nov. 25, 2015 /PRNewswire/ -- The world's first Bitcoin bank NextBank has confirmed that they have received $1.4 million in funding for 4% of the company from 2 venture capitalists from Europe this week. NextBank has previously received $0.95 million in private VC investment bringing the total investment capital to 2.35 million USD.

Photo - http://photos.prnewswire.com/prnh/20151125/291040

NextBank has now stopped the public crowdfunding process. NextBank is thankful to all private investors, and those who have already invested small amounts will still be minority shareholders or may choose to have their investment refunded in full. NextBank will continue funding through venture capitalist avenues in order to ease the concerns of the public.

NextBank has finished developing their modern software. For more information and the latest updates please visit https://nb.vu

NextBank's main goal is still to provide advanced banking services for Bitcoin and cryptocurrency clients around the world. NextBank accounts will be able to support 75+ currencies and precious metals. The modern Bitcoin bank will also offer global Debit Cards, accounts denominated in both fiat such as USD and various cryptocurrencies, SWIFT transfers, an escrow service, currency exchange, and much more.

NextBank has confidence in an extraordinary future for Blockchain innovation and will contribute in the merge between cryptocurrencies and traditional banking. The platform has stated that they are against 3-5% charges for currency conversion and that their rates will be up to 15 times less. NextBank will be operational in 2016 and offer cryptocurrency clients worldwide their services.

NextBank will be glad to help customers in 25+ languages, ease global cooperation and encourage international clients to use the modern banking system. NextBank is working for the needs of 21st Century clients and will establish offices in the UK, France, Germany, Spain, China, Malaysia and Russia during 2017.

NextBank is still going full speed ahead towards the launch in 2016 with the goal to revolutionize banking offering a worldwide banking service fully integrating Bitcoin.

For more information, and to pre-order a NextBank Bitcoin account for
free with no obligation please go to: https://nb.vu

Media Contact

Name: Simon Peltin, PR, NB Formation Company

Ph: +442078460078

Email: [email protected]

City and Country Location: Port Vila, Vanuatu

NextBankis the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

SOURCE NextBank

Related Links

https://nb.vu

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