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Qazikoo Bank – A Challenger Fintech Set to Launch in September
Qazikoo bank ;In the past, banks were built on customer trust and loyalty. Today, these qualities are still paramount yet customers now expect so much more. They want more control over their money and they demand a fast and accurate service. They want a fintech, a company that successfully merges technological advances with the finance sector.
QAZIKOO BANK-A FINTECH DRAWING GLOBAL PRAISE
Enter Qazikoo Bank, a fintech based in the United Kingdom that’s garnering worldwide attention from financial industry gurus. It recently landed nine million in seed funding to grow its unique set up in digital banking with personalized cards linked to a military grade secure app. With these cards, customers will enjoy lightning speed transactions including payments in 25 currencies. Qazikoo is “a challenger bank,” according to a company statement.
QAZIKOO- “A CHALLENGER BANK”
It is “a challenger bank” in part because of the way it’s drawing start-up funding. The Bank is utilizing the UK’s Enterprise Investment Scheme (EIS). The EIS offers tax incentives to investors in eligible businesses and according to www.eisa.org.uk, it is a trusted source of funding for beginning businesses that, many times, have difficulty raising equity finance. Investors can utilize an EIS fund or they can make an individual investment from a platform.
QAZIKOO INVITES INVESTORS THROUGH EIS
Qazikoo Bank is gaining kudos for choosing to finance through EIS instead of engaging in other money raising options. Those who catch the vision of this revolutionary banking initiative will meet the needs of today’s business climate and are invited to join the fundraising efforts using EIS with both small and large investors are welcomed.
QAZIKOO-ON TRACK TO OBTAIN UNICORN STATUS
With the help of EIS investors, Qazikoo is moving confidently toward becoming a Unicorn company, a privately held start-up business worth more than $1 billion (USD). According to its website, a September launch date is in sight. The many services it will offer will include instant currency exchange and fast local and international payments this will be undergirded with military grade encryption to ensure security on all customer transactions.
Harper Harrison is a reporter for The Hear UP. Harper got an internship at the NPR and worked as a reporter and producer. harper has also worked as a reporter for the Medium. Harper covers health and science for The Hear UP.