Debitum Network

Bounty Borderless SME business financing
Debitum Network is an innovative hybrid ecosystem for small business financing - utilizing Ethereum blockchain based process together with principal and interest moved using fiat. This ecosystem based on decentralized and motivated communities brings together SME borrowers, local and regional risk assessors, debt collectors, insurers as well as global investors with interconnected trust-based smart contracts.
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ICO DETAIL

~$16,574,400 raised
Status
past
Token
DEB
Price
1 ETH = 7,800 - 6,500 DEB
Bonus
Available
Hardcap
20,000 ETH
Raised
16,574,400 USD
Minimum
0.05 ETH
Platform
Ethereum
Accepting
ETH
Country
Lithuania
Whitelist/KYC
UNKNOWN
Restricted ?
NO.

About Debitum Network

Debitum is an existing business in alternative finance for 3+ years. There is a global credit gap for SMEs of more than $1.5 trillion worldwide. We want to disrupt and revolutionize this by creating a new ecosystem - Debitum Network. It will be a blockchain and trust based ecosystem joining various players (investors, risk assessors, document validators, insurers etc.) to complete end-to-end financing loop for SMEs.
It is very important to have a process based solution here as only such approach allows for a mix of local / global players to close the financing gap, earn money on their services and provide needed juice for SMEs growth and development. Traditional finance institutions are failing hard on this issue for ages - it is time we take it in decentralized hands and solve.

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