Wish Finance

Wish Finance

Created using Figma
Created using Figma
Rare ICO where real company with existing product in vast market sell its tokens which you can convert into company's equity and become a shareholder, not a digital token holder. Wish Finance's tokens value will grow as company's value will grow after the ICO and business scaling into new markets.
Risk: High
Nov 6, 2017
Dec 7, 2017
100% completed
$850 000
100% goal completed
past
Oct 2, 2017
Oct 30, 2017
100% completed
Raised funds - no Data
Goal 1 000 000.00 USD
past
Token Details
Accepted Currencies
ETH, BTC, USD, LTC, BCC
Company Details
Registered Country
Singapore
Additional Details
Platform
Ethereum
Categories
Platform, Business services

About Wish Finance

Unique Business Solution

  • Big data + AI + Blockchain
    Unique combination of technologies, first in class intelligent scoring machine dedicated to SME, automated lean loan processing and blockchain-level transparency
  • Painless repayments
    As Wish Finance is connecting to POS acquiring used by the borrower SME, repayments are made automatically by deducting a small 3-5% fee from every POS transaction
  • Low risk SME lending
    Already by controlling repayments Wish Finance shows lowest risk on the market, to make risk even lower we are insuring each loan from default, while maintaining high profitability

Major Pain Points

  • Underfinanced market
    Inability of small entrepreneurs to get funds vital for their businesses from regular lenders fast and on fair terms
  • Industrial opacity
    Unclear and shady structure of lending business resulting in major fraud scandals like Lending Club’s in 2016
  • Huge rates up to 50%
    High risks of loans to SMEs due to low payment discipline and financial literacy, as result interest rates up to 50% p.a.

Great investment opportunity

  • Zero Default Lending Pilot
    Wish Finance earned 24% per annum on $500000 portfolio in 112 loans pilot project with NO defaults in 2017, thanks to our team and technologies
  • Right Time Investment
    Best opportunity to invest and become a token owner at the ICO where company's valuation is still low, Wish Finance shows profitability at the level of established hedge funds
  • High Valuation Growth Potential
    Based on our calculations company valuation may increase two-threefold in next 12-18 months and the project can become a Unicorn in 10 years

Features

Wish Finance attracts money from hedge funds and financial
institutions for a fixed low interest rate.
Wish Finance provides loans to SMEs based on real financial data.
Every payment through POS repays the borrowerʼs loan.
Borrower is insured against bankruptcy.
Wish Finance shares revenues with POS data provider and insurer.

Technical Info

Technical details:  Wish Finance connects to payment infrastructure providers via its own API layer. The source code:  The code of the product is not available. Proof of developer:  Public team

Wish Finance Roadmap

  • February 2016

  • ASEAN markets research
  • April 2016

  • Concept development
  • July 2016

  • Company set up in Singapore
  • September 2016

  • Minimum Viable Product (MVP) ready
  • Read More
  • October 2016

  • Server software, scoring and API layer ready
  • February 2017

  • Pilot SME lending success with 0% default rate
  • July 2017

  • Whitepaper publication
  • October 2017

  • Initial coin offering
  • November 2017

  • Connection to POS in Singapore and Hong Kong
  • December 2017

  • First loans issued in Singapore
  • February 2018

  • First loans issued in Hong Kong
  • 2018-2019

  • Lending for online SMEs, Wish Fund, Wish Bank, Wish Insurance

Activity

Activity:
49
VERY LOW
Posts:
110
LOW
Views:
4 292
MEDIUM
Activity:
49
VERY LOW
Merit:
0
VERY LOW
Posts:
110
LOW
Views:
4 292
MEDIUM
Users:
59
LOW
Posts:
96
LOW
Followers:
2 839
MEDIUM
Likes:
2 700
MEDIUM
Rating:
4.50
HIGH
Followers:
1 992
LOW
Tweets:
83
LOW
30 Days Growth:
-7
Members:
107
VERY LOW
30 Days Growth:
10

Wish Finance Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Eugene Green
CHIEF EXECUTIVE OFFICER
unverified
Michael Elgort
CHIEF COMPLIANCE OFFICER
unverified
Ruslan Gavinov
CHIEF TECHNOLOGY OFFICER
unverified
Alexander Rugaev
CHIEF BLOCKCHAIN OFFICER
unverified
Alex Pakter
COMMUNITY MANAGER
unverified
Kate Dje
MARKETING MANAGER
unverified
Oleg Zinkevich
BRAND STRATEGIST
unverified
Eugene Krivoruchko
SOFTWARE ENGINEER
unverified

Wish Finance Last News

2.81
risky
5.0 15
ICO Profile Vision Activity Potential Product Team

Wish Finance Reviews

bitcoinexchangeguide.com
reviews

This platform could help the borrowers, funds, current and potential investors in many ways, improving predictability and responsibility of the investments, and providing the opportunity for the permanent audit of the company's portfolio.

Read More
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