The provider for Crowdlending Crowd4Cash located in Zug is one of the first in the market who enables lenders to invest into Peer-to-Peer loans with an attractive return rate with cryptocurrencies.
Investors may easily pay their invested amounts with Bitcoins or Litecoins. Crowd4Cash collaborates with one of the market leading Swiss Crypto Currency Traders.
The company is ready to convert cryptocurrencies into CHF quickly, low-priced (only around 1% – 1.25%) and for the best exchange rate available. Crowd4Cash does not add any fee for this service (only external transaction costs are allocated).
“As a digital marketplace for lending, it goes without saying that we also have to accept digital currencies. Investors, and thus lenders, can place their earnings generated by investing in cryptocurrencies with a yield of 4 to 9%”
says Roger Bossard, CEO and founder of Crowd4Cash. The lawyer was working for different Swiss banks for 15 years, 7 years in Senior Management.
Crowd4Cash offers cryptocurrency-investors a whole new alternative to their cryptocurrency exchange valued in CHF on a Swiss bank account with zero interest rate. Thanks to the attractive interest returns and monthly interest payments on the loan portfolio, it is possible to generate a stable income in CHF with cryptocurrencies gains.
Compared to the attractive return there is a rather low risk. Only 20% of the potential borrowers manage to be published on the platform. Private borrowers are obliged to prove they are creditworthy and solvent enough for pay-back. Internal as external data on solvency provide information for an independent credit rating. The strict check serves everyone:
“The default rate at Crowd4Cash is currently 0%”
says Roger Bossard. Furthermore platform fee is surprisingly low. Lenders just pay 0.5% p.a. of the invested amount p.a. thanks to a lean staff structure, low marketing effort and the lack of agencies.
Featured image via Pixabay
The post Crowdlending meets Cryptos: Crowd4Cash accepts Bitcoins and Litecoins appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.
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