▆ █ [ANN] FIINU BANK █ ▆ █ BRITISH BLOCKCHAIN BANK █ ▆ █ PRE ICO OPEN █ ▆

[revenant2017]

it seems like this is a good project to follow, perfect concept and good planning, I just hope it will not have any problems with the local area or regulation, I like the team, even though they have not shown their experience, hopefully they can bring this project into success

If this is located in England, they need to comply with British AML regulations. Most of the ICO's located in Europe will not have a problem dealing with that. This is a great project to look for.

[wavespump]

400k eth maximum cap seems too large, I am watching this project anyway.

[revenant2017]

400k eth maximum cap seems too large, I am watching this project anyway.

Yes. But it is the Maximum cap and not the Minimum.The Money Back Guarantee is quite unique with their project. I reviewed their team, every connections from linkedin and i was amaze how professional the people involve. This is quite a project everyone need to look for this year. 90% Money Back  .

[brokens]

Interesting projects, I would like to see how the team in this project will make this project successful. i am hope your project will be successfully in the future. regards from me. 

[Streamlink]

Arguably should consider myself as an investor. However I would appreciate your answer on what stage are you at in the process of getting banking licence.

Wondering the same because legalization and banking license is the key here.

[bravetheheat]

That sounds a huge idea for cryptocurrency, it seems that I can deposit my cryptocurrency into this bank.
Anyway, that's a good idea, is there any bounty program or airdrop?

[S3cco]

Bitcoin Garden: Fiinu launches pre-sale ahead of ICO
https://bitcoingarden.org/fiinu-launches-pre-sale-ahead-ico/

Fiinu, the bank founded by successful tech entrepreneur Marko Sjoblom, will launch its pre-ICO on 9th October 2017 for one month before the full ICO launch on 10th November 2017. The Fiinu ICO will be one of the most credible, safest and secure ways for investors to have exposure to digital currency technology.

Fiinu will become a bank utilising new technologies to provide better banking services for those who are currently under-served. Users of crypto-currency will benefit from a single account for both sterling and crypto-currency use, and will be able to drawdown crypto-currencies into sterling (and other currencies) for a fraction of the current market rate. Additionally, customers currently being under-served by the incumbent bank’s archaic credit rating system will finally be able to access services designed to lower the cost of banking and improve the quality of financial products...

[GrxRE]

I think it will be advisable to freeze the trade before obtaining a license. Because otherwise the price will drop below the ICO. People do not know how to wait

According to their whitepaper, the trading will be locked until the Bank of England has approved their banking licence.

[gknyvz]

Arguably should consider myself as an investor. However I would appreciate your answer on what stage are you at in the process of getting banking licence.

Fiinu is in Challange Session. According to Bank of England (Jun, 2017) 79% of applicants who have reached the same milestones as Fiinu have been authorised,
with just 5% being declined. The remaining 16% is still undergoing the process.

http://www.bankofengland.co.uk/pra/Documents/authorisations/newfirmauths/nbsuslides090617.pdf - Slide 28

[Sacho Maggs]

The Bank of England could use some help with their visuals  but anyway.

Very interesting, folks have a loot at the Bank of England presentation: Page 7. The word ‘bank’: You cannot call yourself a bank unless you are one.

Fiinu does not claim to be a bank and I raise my hat for them clearly stating that in their documents but this is something I have raised elsewhere in bitcoingtalk as a concern. There are so many crypto and bitcoin bank projects who seem to have no idea what they are talking about. Being a UK-citizen and working in the regulatory/banking industry, I can assure you that getting a banking licence from the BoE is NOT very easy.

I am prepared to take 10% risk, because the return on investment here is real and massive. I am in.     

[maioran]

lets hope for good news... but anyway I naver will invest in ICO where this team is working. very bad information policy this is a shame for a company who has raised so much money(amateurs when it comes to PR or even just usual information of our investors....)

[mantaxer]

FIINU LAUNCHES PRE-SALE AHEAD OF ICO

http://www.pressat.co.uk/releases/fiinu-launches-pre-sale-ahead-of-ico-dd133def5c79fd467e4166dc5079a115/

[africa34]

very intiresting project Join us on Telegram to follow any news about FIINU BANK waitting the ico start
good luck  hope this project get success .

[gknyvz]

Top 8 brilliant ICO’s globally: ”Fiinu ICO worth putting your money into” by Forbes

https://www.forbes.com/sites/haroldstark/2017/10/27/brilliant-startups-are-using-icos-to-revolutionize-the-world-of-blockchain/#36e6c2ca4a79

[beginnersluck]

I read about Britain banks blacklisting cryptocurrency transaction, I wonder if this will affect this project.

[indrek.pari]

That's one of the opportunities we are about to sees and exactly why the UK market needs a blockchain friendly bank.

[andradwi]

how can we join and have a bank account?

[gknyvz]

I read about Britain banks blacklisting cryptocurrency transaction, I wonder if this will affect this project.

This is one of the reasons why we are launching Fiinu in Britain.

[franc0]

Spanish translation reserved!

Website, whitepaper and ANN thread.

[Winderer]

I've just read about your project here - https://www.coinspeaker.com/2017/10/27/a-review-of-cryptobanks-who-raised-how-much-and-how-to-use-the-advantage/ 
Will you code your own banking app or use some financial apps that exist on the market?