CROWDLENDING MEETS CRYPTOCURRENCIES: AS ONE OF THE WORLD'S FIRST P2P LENDING PLATFORMS ACCEPTS CROWD4CASH INVESTMENTS WITH CRYPTOCURRENCIES
News Release from 15.01.2018
The Zug based Crowdlending provider Crowd4Cash enables high-yield direct investments with cryptocurrencies in peer-to-peer loans for the first time in Switzerland. Investors can easily pay for their investment with Bitcoins or Litecoins. By working with one of the leading Swiss Crypto Currency traders, Crowd4Cash is able to convert payments quickly, cheaply and at the best available market price in CHF. Crowd4Cash does not charge any fees for this service, and only external transaction costs will be charged.
"As a digital marketplace for lending, it goes without saying that we also accept digital currencies. Investors, and thus lenders, can reinvest their earnings generated by investing in cryptocurrencies with a gross return of between 4 and 9 percent, "says Crowd4Cash CEO and Founder Roger Bossard. The lawyer worked for 15 years at various banks, 7 years of which in senior management. The platform thus provides the cryprocurrency investors with a valuable alternative to transferring them to the interest-free Swiss bank account. With the attractive interest rates and the monthly interest payments on the loan portfolio, it is now possible to generate a stable monthly income with the cryptocurrency profits. The attractive yield compares to a comparatively low risk. Only around 20 percent of credit seekers manage Crowd4Cash on the platform. Private individuals, for example, have to prove that they can afford the loan financially. Internal and external credit data also provide information for an independent rating of the loans. The strict test is in the interests of everyone. "The default rate at Crowd4Cash is currently zero percent," says Roger Bossard. And the platform fees are surprisingly low: lenders pay only 0.5 percent of the amount invested each year. A lean personnel structure, no expensive branches or expensive advertising make it possible.LINK TO CROWD4CASH