CoinCare's Neo-Bank Startup Announces $11-M Seed Round, Calls For Investors

by PRC Agency PR

Neo-banks are the next big thing.

According to industry experts, this emerging sector is expected to see double-digit growth this decade, meaning that it's a boon to anyone who's canny enough to invest in it early.

If you want to get in on the action now and capture a portion of its enormous potential, the CoinCare Group has the perfect opportunity for you.

For the first time, the company is opening its doors to investors through a seed round that seeks to raise an initial $11 million for an 18-month runway.

Go to https://coincaregroup.com for more details.

The funding round will give you an opportunity to participate in a neo-banking model that hybridizes fiat and digital currency transactions, allowing for seamless exchange between the two from anywhere in the world.

The CoinCare Group will offer a range of financial services as part of its neo-banking model. For one, it will issue a debit card with traditional banking features, but with digital currency capabilities that will enable holders to transact with Bitcoin and Ethereum.

The company has already partnered with a number of DeFi and traditional finance companies, such as Visa, Prime Trust, TAG Systems, and Galileo, among others. These partnerships ensure that customers who use the service will have access to financial infrastructure wherever they may be in the world.

Founded in 2021 by experienced entrepreneurs Jalal Ibrahimi and Chris Goma , CoinCare was established in an attempt to help those without access to traditional banking take advantage of the decentralization offered by the blockchain. Through their banking model, the unbanked can access services, such as ATM withdrawals, fiat-to-digital currency conversions, forex, and more.

The CoinCare neo-bank is an expansion from the original mission of the company, which was to help small businesses get access to more than $50 million in capital they needed to recover from the pandemic, without having to engage with predatory loan schemes. This was accomplished in 2021. The CoinCare Group states explicitly that anyone, regardless of race, creed, or ethnicity, can make use of its services equally.

"1.7 billion adults worldwide do not have access to financial services; the infrastructure of all developed economies," the company explained on its website. "CoinCare aims to be the bank of the people, giving easier access to financial services worldwide."

This is your chance to invest in a rapidly growing market while helping improve financial access globally.

If you're interested in investing, you can visit https://coincaregroup.com to get started.