“iBAN Wallet - the digital banking alternative at your fingertips.“ - this was the promise to Seedrs investors, who invested £170 679 in 2 campaigns, valuing the company at £20 million. What happened later? Let’s find out.
I've noticed a pattern - if a P2P platforms is promoted by TargetCircle or if Jorgen invested in it, there is a big chance, it will turn out to be a fraud.
Oh, no. Are there such platforms, really? Most platforms have late or defaulted projects - TFG Croud, Crowdestate, Crowdestor, Reinvest24, etc. However, they are still on-line. The same with Wisefund.
From the ones you listed only TFG and Wisefund promised bullshit buyback guarantees that were in no way possible, but let dumb investors imagine that they are 100% safe. In my view having late/defaulted projects is fine, but selling imaginary guarantees and cancelling them later is not.
Not really, but from these 3 - Iuvo and Mintos look a bit more serious. DoFinance advertised buyback, but removed it in March 2020, and now they say: "buyback may be applied". P2P is risky stuff.
Nice job digging this up. Seems they've changed the latvian entity name and owner right after I asked them series of questions trying to find out if they are legit or not. I got zero responses to my questions and bunch of marketing bs. So I warned my readers back in February to stay away from this platform. Now with this I'm ready to call it scam.
+1 of accusing TargetCircle of making nice money on the side with all these scam platforms.
I've noticed a pattern - if a P2P platforms is promoted by TargetCircle or if Jorgen invested in it, there is a big chance, it will turn out to be a fraud.
Btw lol at their privacy policy at: https://targetcircle.com/legal/privacy-policy/ they basically share your personal information with everyone.
Nice.. and on other hand they are not keen to share info about advertisers
I think Wisefund is still working. I withdraw some money from Wisefund yesterday, it took few minutes the money to reach my Paysera account.
So all projects are going according to schedule, and if not - they do buybacks as previously promised?
Oh, no. Are there such platforms, really? Most platforms have late or defaulted projects - TFG Croud, Crowdestate, Crowdestor, Reinvest24, etc. However, they are still on-line. The same with Wisefund.
From the ones you listed only TFG and Wisefund promised bullshit buyback guarantees that were in no way possible, but let dumb investors imagine that they are 100% safe. In my view having late/defaulted projects is fine, but selling imaginary guarantees and cancelling them later is not.
OK. I agree. However, are thery any buyback guarantee you trust? I have stuck money in Mintos, Iuvo, DoFinance - all with buyback guarantees...
Not really, but from these 3 - Iuvo and Mintos look a bit more serious. DoFinance advertised buyback, but removed it in March 2020, and now they say: "buyback may be applied". P2P is risky stuff.
And just like Grupeer, lendermarket and wisefund fake projects iban wallet have moved to Ireland. See their new what's app number
Very interesting article! Thanks for investigating all the important information to show what is going on!
The company is being formally investigated in Mexico and Dominican Republic
Nice job digging this up. Seems they've changed the latvian entity name and owner right after I asked them series of questions trying to find out if they are legit or not. I got zero responses to my questions and bunch of marketing bs. So I warned my readers back in February to stay away from this platform. Now with this I'm ready to call it scam.
Thank you for this research! Reading about those scams is really educational.
Any update on this? Seems that they keep in business and collecting lots of funds in Spain