Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand

Bnext PR 2 Final Graphic

Press Release: Bnext announces a total investment of $10 million, as the Spanish fintech giant prepares to complete its token sale. 

 

5th May 2022, Madrid — Borderless Capital has increased their investment in Spanish Fintech, Bnext, to $10 million with a new investment of $4.5 million. 

 

What This Means For Bnext

This latest investment will help further Bnext’s goal to continue introducing bleeding-edge financial technologies throughout 2022 and beyond. Borderless Capital will not only provide financial support but also offer invaluable expertise in the Algorand blockchain ecosystem which will help Bnext accelerate the development of its numerous financial products and drive the adoption of DeFi technology on a global scale. 

 

Algorand & Bnext

The Algorand blockchain offers numerous technological benefits including faster transaction speed efficiency, lower fees, no mining requirements, and a permissionless pure proof of stake (PPoS) approach to consensus, to name a few. Bnext has already leveraged Algorand to power its wallet app and is developing several more use cases for the future. 

 

Private IDO for Algorand Community 

To show support for the Algorand community, Bnext will be reappropriating 350 million B3X tokens for a private IDO, launching on a leading Algorand DEX soon. These tokens represent all that remains from Phase 2 of the initial B3X token sale. 

 

In addition to the IDO allocation, all Algorand community members who participate and hold tokens on the DEX will have priority access to new functionalities and other benefits. Information on the IDO will be released on Bnext’s social media channels in the coming weeks.

 

Bnext Public Token Sale Raises Over €5 Million

Bnext partially closed its public token sale on March 31, 2022, successfully raising over 5 million euros. The token sale spanned two 7-day phases across March; phase one saw participants buy 360 million B3X utility tokens in the first few hours and another 15 million were purchased in phase two.

 

The remaining B3X tokens from phase two, after the expected IDO, will be burnt to increase liquidity. The token sale has thus far collectively raised €11 million, with Bnext reserving the last remaining tokens for a private IDO for the Algorand community. 

 

B3X Token Utility 

The B3X token is a utility token that underpins the entire Bnext ecosystem, whose mission is to bring financial freedom to a global community of banked and unbanked by expanding access to a growing selection of next-generation financial tools and remaining committed to continuously improving the user experience. 

 

The continued support from Borderless Capital will help Bnext to strengthen its growing community and bring more value to users through international expansion. Forthcoming products on the Bnext roadmap include a robust reward system, a diversified marketplace, the crypto wallet app with buying and selling conditions, international money transfers, user discounts, and more. 

 

To learn more about how more people are taking back full control of their finances visit the Bnext website

 

Media Contact Info

Contact Name: Bnext Media Team

Contact Email: media-team@bnext.es 

 

Bnext Links 

Telegram ESP | Telegram ENG | Instagram | Twitter | LinkedIn | Facebook 

 

Bnext App

App Store | Google Pay 

 

Algorand Links

Twitter | LinkedIn | Facebook | Telegram | Medium | Discord

 

Borderless Capital

Twitter | LinkedIn 

 

Bnext is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

The post Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand appeared first on Bitcoin PR Buzz.

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Source: BPRB Feed

Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand

Bnext PR 2 Final Graphic

Press Release: Bnext announces a total investment of $10 million, as the Spanish fintech giant prepares to complete its token sale. 

 

5th May 2022, Madrid — Borderless Capital has increased their investment in Spanish Fintech, Bnext, to $10 million with a new investment of $4.5 million. 

 

What This Means For Bnext

This latest investment will help further Bnext’s goal to continue introducing bleeding-edge financial technologies throughout 2022 and beyond. Borderless Capital will not only provide financial support but also offer invaluable expertise in the Algorand blockchain ecosystem which will help Bnext accelerate the development of its numerous financial products and drive the adoption of DeFi technology on a global scale. 

 

Algorand & Bnext

The Algorand blockchain offers numerous technological benefits including faster transaction speed efficiency, lower fees, no mining requirements, and a permissionless pure proof of stake (PPoS) approach to consensus, to name a few. Bnext has already leveraged Algorand to power its wallet app and is developing several more use cases for the future. 

 

Private IDO for Algorand Community 

To show support for the Algorand community, Bnext will be reappropriating 350 million B3X tokens for a private IDO, launching on a leading Algorand DEX soon. These tokens represent all that remains from Phase 2 of the initial B3X token sale. 

 

In addition to the IDO allocation, all Algorand community members who participate and hold tokens on the DEX will have priority access to new functionalities and other benefits. Information on the IDO will be released on Bnext’s social media channels in the coming weeks.

 

Bnext Public Token Sale Raises Over €5 Million

Bnext partially closed its public token sale on March 31, 2022, successfully raising over 5 million euros. The token sale spanned two 7-day phases across March; phase one saw participants buy 360 million B3X utility tokens in the first few hours and another 15 million were purchased in phase two.

 

The remaining B3X tokens from phase two, after the expected IDO, will be burnt to increase liquidity. The token sale has thus far collectively raised €11 million, with Bnext reserving the last remaining tokens for a private IDO for the Algorand community. 

 

B3X Token Utility 

The B3X token is a utility token that underpins the entire Bnext ecosystem, whose mission is to bring financial freedom to a global community of banked and unbanked by expanding access to a growing selection of next-generation financial tools and remaining committed to continuously improving the user experience. 

 

The continued support from Borderless Capital will help Bnext to strengthen its growing community and bring more value to users through international expansion. Forthcoming products on the Bnext roadmap include a robust reward system, a diversified marketplace, the crypto wallet app with buying and selling conditions, international money transfers, user discounts, and more. 

 

To learn more about how more people are taking back full control of their finances visit the Bnext website

 

Media Contact Info

Contact Name: Bnext Media Team

Contact Email: media-team@bnext.es 

 

Bnext Links 

Telegram ESP | Telegram ENG | Instagram | Twitter | LinkedIn | Facebook 

 

Bnext App

App Store | Google Pay 

 

Algorand Links

Twitter | LinkedIn | Facebook | Telegram | Medium | Discord

 

Borderless Capital

Twitter | LinkedIn 

 

Bnext is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

The post Bnext Receives Additional $4.5 Million Investment, Led by Borderless Capital to Drive DeFi on Algorand appeared first on Bitcoin PR Buzz.

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Source: BPRB Feed

Source: thinkbitcoins

Spain’s Biggest Neo-bank Bnext Issues its B3X Token on March 1st

Bnext2

Press Release: Spanish neobank Bnext has announced the start date for the first phase of its B3X ICO as global adoption grows for its plethora of crypto remittance services. 

 

25th February 2022, MadridBnext is the biggest Spanish neobank with a vision to become a leading financial technology platform in Spanish-speaking nations through its growing ecosystem of innovative financial products. The 1st phase of its upcoming B3X token sale will start on Tuesday 1st March 2022.  

 

Who is Bnext?

Already a giant in many Spanish-speaking countries, Bnext is a next-generation bank that offers its users secure, transparent, blockchain-based International money transfers. The company has already helped over 750,000 people to achieve financial freedom with its cryptocurrency remittance service, whilst typing into a 120 billion dollar market. In June 2021 Bnext partnered with crypto industry leader Algorand, who is both a major shareholder in the Neo-bank and the provider of the blockchain network that underpins the Bnext app. 

 

Bnext Wallet App

The Bnext digital app lets users seamlessly send, receive, and request money using blockchain technology. Setting up an account is free, comes with an IBAN number, and both a virtual and physical card. In just a few minutes customers can set up an account, download the app, and start managing funds from their address book immediately. 

 

The app uses the Algorands low-cost, high-performance blockchain network “from the back” to send USDC to the destination, then seamlessly off-ramps to a Bnext account in the desired fiat currency. This unique system guarantees instant, blockchain-based international bank transfers. The App is available on the App Store, Google Play, and in Huawei AppGallery, so more people than ever will regain control of their finances. 

 

Bnext: The Next-World Banking Marketplace

The Bnext marketplace has an array of tools designed for users to grow, manage and save their money. It provides multiple advanced tools that the everyday user needs to grow and manage their capital safely, and securely. The marketplace offers high-interest savings accounts, investment opportunities, loan financing, insurance, mortgages, travel, and more. 

 

There is also a strong focus on the benefit of cryptocurrency as Bnext customers have the ability to buy and sell digital currencies and many other ways for users to grow their wealth, including index funds, fixed-term deposits, and a rewards program. 

 

B3X Utility Token

The Bnext (B3X) ERC20 token is a utility token hosted on the standard Ethereum Blockchain network. The maximum amount of issued tokens is capped at 3.5 billion, with 504 million of those tokens available in Phase One of the upcoming token sale. The purpose of the token is to help strengthen the community, offer value to all Bnext users and accelerate international expansion

 

Token Sale Info

The funds received from the token sale will help Bnext scale its operations to Latin America and later globally, creating a platform that will serve as a bridge between the traditional financial system and the DeFI ecosystem that BNext is building.  

 

The B3X token sale will be staggered over two phases with the first phase starting on Tuesday, March 1, 2022. (1 pm EST) Anyone interested in reserving B3X in advance can do so via the Bit2Me launchpad in 4 simple steps:

 

  1. Open an account
  2. Select the phase and amount
  3. Check position in the list
  4. Complete B3X reservation

 

There will be a total of 504,000,000 B3X tokens Available at a price of €0.015 per token. The token sale will start at 1 pm EST on March 1st, 2022, and will end on March 7th, 2022. The B3X token price at Phase One will be at a 25% discount to the token price at phase two and there is already a large amount of interest with over 8,000 members currently signed up to participate in the token sale. 

 

To learn more about how more people are taking back full control of their finances visit the Bnext website

 

Bnext Links 

Telegram ESP | Telegram ENG | Twitter | LinkedIn | Facebook 

 

Bnext App Download

App Store | Google Pay 

 

Bnext Whitepaper 

English | Spanish 

 

Bnext is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

The post Spain’s Biggest Neo-bank Bnext Issues its B3X Token on March 1st appeared first on Bitcoin PR Buzz.

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Source: BPRB Feed

Source: thinkbitcoins

Spain’s Biggest Neo-bank Bnext Issues its B3X Token on March 1st

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Press Release: Spanish neobank Bnext has announced the start date for the first phase of its B3X ICO as global adoption grows for its plethora of crypto remittance services. 

 

25th February 2022, MadridBnext is the biggest Spanish neobank with a vision to become a leading financial technology platform in Spanish-speaking nations through its growing ecosystem of innovative financial products. The 1st phase of its upcoming B3X token sale will start on Tuesday 1st March 2022.  

 

Who is Bnext?

Already a giant in many Spanish-speaking countries, Bnext is a next-generation bank that offers its users secure, transparent, blockchain-based International money transfers. The company has already helped over 750,000 people to achieve financial freedom with its cryptocurrency remittance service, whilst typing into a 120 billion dollar market. In June 2021 Bnext partnered with crypto industry leader Algorand, who is both a major shareholder in the Neo-bank and the provider of the blockchain network that underpins the Bnext app. 

 

Bnext Wallet App

The Bnext digital app lets users seamlessly send, receive, and request money using blockchain technology. Setting up an account is free, comes with an IBAN number, and both a virtual and physical card. In just a few minutes customers can set up an account, download the app, and start managing funds from their address book immediately. 

 

The app uses the Algorands low-cost, high-performance blockchain network “from the back” to send USDC to the destination, then seamlessly off-ramps to a Bnext account in the desired fiat currency. This unique system guarantees instant, blockchain-based international bank transfers. The App is available on the App Store, Google Play, and in Huawei AppGallery, so more people than ever will regain control of their finances. 

 

Bnext: The Next-World Banking Marketplace

The Bnext marketplace has an array of tools designed for users to grow, manage and save their money. It provides multiple advanced tools that the everyday user needs to grow and manage their capital safely, and securely. The marketplace offers high-interest savings accounts, investment opportunities, loan financing, insurance, mortgages, travel, and more. 

 

There is also a strong focus on the benefit of cryptocurrency as Bnext customers have the ability to buy and sell digital currencies and many other ways for users to grow their wealth, including index funds, fixed-term deposits, and a rewards program. 

 

B3X Utility Token

The Bnext (B3X) ERC20 token is a utility token hosted on the standard Ethereum Blockchain network. The maximum amount of issued tokens is capped at 3.5 billion, with 504 million of those tokens available in Phase One of the upcoming token sale. The purpose of the token is to help strengthen the community, offer value to all Bnext users and accelerate international expansion

 

Token Sale Info

The funds received from the token sale will help Bnext scale its operations to Latin America and later globally, creating a platform that will serve as a bridge between the traditional financial system and the DeFI ecosystem that BNext is building.  

 

The B3X token sale will be staggered over two phases with the first phase starting on Tuesday, March 1, 2022. (1 pm EST) Anyone interested in reserving B3X in advance can do so via the Bit2Me launchpad in 4 simple steps:

 

  1. Open an account
  2. Select the phase and amount
  3. Check position in the list
  4. Complete B3X reservation

 

There will be a total of 504,000,000 B3X tokens Available at a price of €0.015 per token. The token sale will start at 1 pm EST on March 1st, 2022, and will end on March 7th, 2022. The B3X token price at Phase One will be at a 25% discount to the token price at phase two and there is already a large amount of interest with over 8,000 members currently signed up to participate in the token sale. 

 

To learn more about how more people are taking back full control of their finances visit the Bnext website

 

Bnext Links 

Telegram ESP | Telegram ENG | Twitter | LinkedIn | Facebook 

 

Bnext App Download

App Store | Google Pay 

 

Bnext Whitepaper 

English | Spanish 

 

Bnext is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

Source

The post Spain’s Biggest Neo-bank Bnext Issues its B3X Token on March 1st appeared first on Bitcoin PR Buzz.

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