Abele Group Modernizing Finance with Blockchain & AI
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Describe Abele in one sentence:
Abele Trust is a neobank where users can transact in crypto and fiat.
Now please tell us more specifically what Abele does:
Abele is an offshore custodian bank that provides account services, aggregated trading, payments, digital identity, debit/credit cards, and lending to SME and retail users.
What inspired you to start Abele?
I wanted the use of digital assets to increase and the market for blockchain to grow into the trillions.
Mass adoption requires simple user interfaces and for people to use the tech in some instances without realising that they are doing so. To accomplish this one needed a financial platform and that Eureka moment came while attending a blockchain conference in Singapore almost two years ago!
What has Abele achieved so far?
We have built the beta version of the platform which will go live on 9 September 2019 for a select group of users. We had over 25,000 people sign up as early adopters and they will get a first look at the platform!
What do you hope to accomplish within the next few months?
Our goal is to scale the user base to more than 1,000 SME clients and 1,000,000 users in the next 8–12 months. Doing so ensures maximum platform functionality/usage and will allow us to make the next big leap of over 5,000 SME clients and 5,000,000 users.
Anything else you would like to share with the reader?
We are truly building the world’s largest offshore bank that will operate using blockchain technology and AI.
We are doing so for the benefit of anyone who needs or wants a simpler cheaper bank that is immune to geopolitics. Your money is your money…not ours to slowly take through excessive transaction, FX, or lending fees.
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