Genie in the News!!
Genie ICO
Singapore licensed P2P lending platform Crowd Genie has taken another bold step in developing a comprehensive P2P lending solution for Asia Pacific by embarking its journey on ICO, to raise ETHB 100,000. The end objective of this ICO is to raise sufficient funds for team expansion, loan book building, and ultimately to develop the first Asia wide blockchain Asset exchange to better facilitates P2P lending activities and enable asset fractionalisation.
This ICO is a large scale project and supported by a team of solid members with more than 20 years of experience in the finance and payment industry. Some of the members and advisors previously/currently hold directorship in P&G, Citi, Standard Chartered and Visa.
Media Mentions on GenieICO:
Bitcoinist — https://bitcoinist.com/crowd-genie-hybrid-blockchain-asia/
https://goo.gl/eztx6d , https://goo.gl/5L2Pfi
NewsBTC — https://goo.gl/hLJTzJ
Coinist — https://goo.gl/wpb6H7
World News — https://goo.gl/44WRvY
PRlog — https://goo.gl/JzMXxQ
The Merkle — https://goo.gl/CLQkuj
Evening Star — https://goo.gl/RkxgM1
Equities — https://goo.gl/QL5GsA
Crypto Reporter — https://goo.gl/6LHXiC
Chipin — https://goo.gl/JqbiiM
BitMakler — https://goo.gl/UFYcZg
Coinspectator — https://goo.gl/XAqfhU
Bitcoin Exchange Guide — https://goo.gl/2Bwyq8
Crypto Reader — https://goo.gl/mGG6ub
Crypto Panic — https://goo.gl/Ztq8TS
Finanzen — https://goo.gl/x69Yw4
News Locker — https://goo.gl/JrpwfN
Fintech Singapore- https://goo.gl/R1JDwe
YouTube
http://bit.ly/2AwpQWj
Crowd Genie
Incorporated in Jan 2016, Crowd Genie has been focusing on developing its regulatory compliance process, platform operations and website aesthetics (i.e. simplifying content and increasing the visibility on transactions). Crowd Genie received its “Dealing in Securities” license from the Monetary Authority of Singapore in March 2017, making it one of the first P2P lending platform to receive approval. Crowd Genie is also the first P2P lending platform in Singapore, or even Asia, to launch a provisional fund entitled GenieShield, geared towards providing investors better protection against delays and potential defaults in loan repayments.
“GenieShield represents our commitment to bring meaningful innovations to the market that protect the interests of lenders as well as borrowers. We believe being the first such fund will encourage wider participation in the crowdfunding space. Our aim is to make Crowd Genie as a platform that leads the industry with introducing best practices that build trust among all our stakeholders. The establishment of this fund provides an additional avenue for investors to manage their risks when participating on our platform,” stated Akshay Mehra, CEO & Co- Founder of Crowd Genie.
https://goo.gl/FUCRSm — How investment works on www.crowd-genie.com
Media Mentions on Crowd Genie
e27 — https://goo.gl/MEVKSa
DealStreetAsia — https://goo.gl/s6e2Xk
CrowdfundInsider (MAS License) — https://goo.gl/mbQfYj
CrowdfundInsider (GenieShield) — https://goo.gl/1xJKnm
LendIt — https://goo.gl/heevif
Yahoo! News — https://goo.gl/Xa7JTC
Huffington Post — https://goo.gl/MnGdBm
Akshay Mehra, CEO and Co-Founder of Crowd Genie
Prior to founding Crowd Genie, Akshay Mehra has several years of experience in P&G Brand Management, Innosight Consulting and Anchanto. Observing the opportunity in under-banked SME population and the vast market size, Akshay Mehra has decided to start up Crowd Genie early 2016, which provides P2P lending solution by connecting SME borrowers looking for funds and Accredited Investors looking for higher returns.
Akshay has this to say about the diminishing roles of traditional banks when it comes to financing: “Banks will need to fundamentally rethink their credit business model for small ticket sizes. I think a lot of the banks will cede the space for loans to smaller companies to crowdfunding platforms as their overhead costs will mean that they cannot be cost competitive”.
As digital technology advanced, it essentially disrupted the traditional financial sector as investing through one of the online platforms (such as Crowd-Genie, a peer-to-peer lending platform) could greatly simplifies the entire process with lesser paperwork, higher transparency, and allows investors to manage multiple funds waiting in their portfolio.
