November In Review
Dear Community,
We have had a productive and insightful month where the combined efforts of the entire FintruX team has enabled us to produce a fantastic solution that is ready for scaling on a global level. In pursuit of delivering a product that is ready to be accepted by the industry, the FintruX team has been very active in participating in impactful fintech conferences and demoing an advanced prototype of the platform to significant players in banking, finance, and government agencies to garner their support. We continue to work towards reaching our milestones and hope to share key partnership announcements in the coming weeks.
Here’s a quick rundown of our month of November:
Educational Content
- In our №18 Tuesday Team Talks, we discuss the various business funding options that an SME and startup can consider to kick-start and grow their business.
- Some business financing options to consider include bootstrapping, crowdfunding, angel investors, venture capitalists, invoice/AR factoring, business loans from financial institutions and online Peer-to-Peer Lending.
Customer Support
- Our AI based chatbot has been successfully implemented on our website and we have seen an increase in satisfied engagements from interested potential users of the platform.
- Provided that we are now transitioning into a more ticket focused support system via our website, we are proud to announce that our Telegram channel is now officially community moderated, with a number of valued community advisors who have eagerly taken up the responsibility of maintaining healthy and lively discussions about the FintruX Network vision.
FintruX Blog
- We successfully launched a knowledge center on our website — the FintruX Network Blog, a wealth of information on all matters relating to financing, lending and business updates.
Roadshows
- In our №19 Tuesday Team Talks, we feature our experience at the annual Singapore Fintech Festival 2018 hosted by the MAS (Monetary Authority of Singapore) from 12–16th November.
- Over the three days, the FintruX Network team showcased our innovative solution with, global banks, traditional financial companies, potential ecosystem partners, community supporters and investment firms who believe in the tremendous potential of our platform to make financing accessible and affordable to SMEs across the globe.
- Here is a brief video of our time at the event:
- FintruX Network was the prestigious Silver Partner for VanFunding 2018: Converge that took place in Vancouver on 29–30 November at the Parq Vancouver Hotel.
- Our Founder and CEO, Nelson Lin was invited to participate in a number of interesting discussions where several industry experts unanimously confirmed that blockchain based lending to SMEs is one of the best and viable applications of DLT today.
Looking Ahead
- Keep a look out for an AMA session on Telegram with Co-Founder, Conrad Lin which is being scheduled this month.
- Our team has been researching and analyzing credit insights in our pilot datasets and additional historical data provided by our partners. As we believe in automating as many processes as possible, FintruX Network will be leveraging AI technology, data scientists and engineers to streamline and enhance the adjudication process.
- The operations team has been busy in acquiring new partners to further improve our offerings who’s services will be intimately utilized in our pilot launch.
We hope this brief review of the month was informative and insightful. To continue receiving updates, follow us on our social media handles and subscribe to our mailing list.
Yours Truly,
The FintruX Team
About us: FintruX Network is the true P2P lending ecosystem built on the blockchain, powered by credit enhancements and no-code generation. The platform makes it easy for borrowers to connect with reputable lenders and servicing agencies, save money with competitive interest rates, and get an affordable loan within minutes in a fair and transparent process without collateral.
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