As we had already announced in previous days, on Monday March 15, 2021 we launched our first pre-seed round through the equity crowdfunding platform, CrowdfundingBizkaia with an investment objective of €160,000 to secure fazil as the neobank of the new generations born in Bilbao. The objective had to be achieved within a maximum period of 30 for the round to take place.
Índice de contenidos
And we did it in less than an hour! It was an hour of heart attack 😅!
And there were still many investors🤑s in queue. That's why the round was re-opened👍🏻 with some additional tickets up to €185,000💸 invested in 🏦easy.
⚡️⚡️⚡️We achieved the 100% of the goal for the whole month in just 1 hour. And we close in less than a day with a 117%⚡️⚡️⚡️
We are totally surprised 😳😳 and euphoric 🥳🥳🥳 by the super reception and the fintech trend, payment methods and neobanks are a focus of digital growth for users and companies. We were born with a disruptive approach and full of enthusiasm, many thanks to all the investors who make digital banking possible with a focus on providing differential value.
The mindset 🧠 has totally changed, the pandemic has saved us 5 years of progressive digitization, we are experiencing a digital tsunami effect. Today the bank understands that we are allies to expand the business and bank those who have been pushing hard, a year ago, they did not take us into account😎, we forgot that because we knew this would come, clevers. We set out to build a user experience focused on saving time from users' busy lives and being 100% safe for them to trust our value. One piece of information of interest to you is to tell you who is behind our financial infrastructure. It is EDE Pecunpay and behind it is the Bank of Spain. We comply with all European and Spanish regulations, we work with global VISA and we are digital 1000%.
How are we doing on our testing mission?
We are going like a shot, since December 2020 we have been accumulating a list of beta testers, who will have various benefits for starting the adventure together with us. The beta process has allowed us to detect endless improvements in usability, security and integrations. Today we are focused on optimizing onboarding (registration process) and KYC, to minimize friction when signing up, something that millions of users will appreciate.
As a curious fact, these beta testers who had priority access have already transacted more than €145,000 with their account and Fazil debit card.
We extend the amount of the round
As many were left out of this round, we increased the amount of the round for a few hours up to an additional 117% equivalent to €185,000, that is, €25,000 more than the initial goal. “Many friends and acquaintances asked us to please do something so they could enter. It was absolutely crazy!!". However, and much to our regret, we had to decide to stop accepting new investors when we had already obtained €25,000 more than the established objective.
Now comes the most complicated and attractive part at the same time, launching and positioning Fazil as one of the main neobanks in all of Europe🚀
Whether with emojis or direct communication, environmental awareness and pure disruptive DNA, it is clear that the present is that everything is easy. Users want commitment, values and truth, you want truth ahead, things that are very clear, defined, simple to use and that flow quickly.
We are ready to face thousands of challenges, we have an infinite backload of tasks to add 🔥🔥🔥 to the CODE 💻 and leave a cucumber 🥒 of top functionalities for all of you.
You haven't noticed the euphoria, have you??🤔