Home » Nebeus banking alternative app raises 126% in Seedrs round

Nebeus banking alternative app raises 126% in Seedrs round

13th Jun 23 11:51 am

Nebeus, the Barcelona-based crypto startup, has successfully closed its latest funding round on Seedrs and announced plans to launch its DeFi wallet.

The company raised a total of €1.2 million surpassing its goal, representing a 126% achievement, which will be used to accelerate the growth of Nebeus and expand its range of services. Seedrs was the initial stage of a larger Series A round, where Nebeus is looking to obtain a total of €10M in funding to further enhance the app’s services, bolster marketing efforts, grow the team, and apply to new licenses.

As CeFi (Centralized Finance) moves towards DeFi (Decentralized Finance), Nebeus is positioned to provide accessible and convenient DeFi solutions for its users. “We’re excited to announce our upcoming plans of adding DeFi to Nebeus and the successful closure of our funding round on Seedrs,” said Michael Stroev, COO of Nebeus. “With our DeFi side, we’ll allow our users to retain control over their assets and transactions without a central authority, allowing them to switch between custodial and non-custodial wallets. This strategic approach signifies Nebeus’ commitment to making DeFi more available and inclusive for all by combining accessibility, convenience, and user experience”.

Since its founding in 2014, Nebeus has demonstrated a strong presence in the European market, solidifying its position as a trusted provider of crypto loans in the CeFi space. Notably, Nebeus successfully navigated the collapse of Terra Luna blockchain, which led to the bankruptcies of several crypto lenders such as Celsius Network in 2022, thanks to its commitment to refraining from third-party rehypothecation practices. This dedication positioned Nebeus as a reliable and secure choice for customers seeking crypto loans and instilled broader trust in its financial services. Today, Nebeus has evolved into a comprehensive finance ecosystem combining Traditional Finance (TradFi) and cryptocurrencies into a single app, offering users a convenient platform to manage their financial activities confidently and effortlessly.

Apart from expanding into the DeFi world, Nebeus looks to develop a full brokerage service with stocks, commodities, FOREX, and bonds. “We believe that by offering a thorough range of financial instruments, we can attract a wider audience of investors who are interested in different asset classes. Our customers will benefit from having access to a one-stop shop for all their financial needs, whether it’s investing in stocks, trading commodities, regular banking, or crypto. This approach will not only save them time but also provide them with more opportunities to diversify their portfolios and potentially increase their returns”, said Sergey Romanovsky, CEO of Nebeus.

Completing Nebeus’ suite of services will be a crypto credit line and credit card. Sergey further explained, “Developing our own crypto credit line will democratize access to financial services, offering our users a flexible and seamless borrowing experience. Users will be able to leverage their cryptocurrency holdings to access instant credit lines without the need to sell their assets.”

By integrating traditional finance with the world of cryptocurrencies, Nebeus offers a holistic solution that caters to individuals’ diverse financial needs, positioning itself as the go-to platform for a complete and convenient financial experience. Today, Nebeus’s successful crowdfunding campaign on Seedrs paves the way for a promising future, propelling the company towards new heights where Nebeus is poised to establish itself as the ultimate destination for all financial requirements.

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