Why Choose Fintrux?

Fintrux offers a transparent open ecosystem where they are partnered with KYC/AML, credit scoring, credit model, and payments to provide lenders a wide variety of choices to adjudicate their loans.



Using Ethereum smart contracts, borrowers on platform can rate their lenders and have a reliable source of comparability between different lenders. The same goes to lenders who can now rate and write reviews on their borrowers and agencies and these can be used for the assessment of credit risk.

Using the credit enhancement principles of securitization, FintruX delivers highly secure unsecured loans to benefit the small businesses borrowers, accredited
investors, and financial institutions of the world.

By partnering with wallets, exchanges, and regulatory bodies, FintruX enables small business borrowers from countries with high interest rates to benefit from loans offered by lenders located in lower rate countries.

FintruX invites innovative asset classes created by other network partners to the ecosystem to become the go-to financing hub of the world. FintruX will provide a marketplace for lenders to trade their loans to one another.


Fintrux Mission

Fintrux mission is to make trustless financing a no-brainer for both borrower and investor where getting an unsecured loan can be easy, fast, and affordable with ecosystem of rated agencies, decentralized technology and revolutionary credit enhancements by Fintrux.

Why Choose Fintrux?

Fintrux will be solving three major issues for small businesses, especially startups, to ease their cashflow issues by applying credit enhancements.

Through credit enhancement, Fintrux will improve credit worthiness. The lender is reassured that the borrower will honor the obligation via additional collateral, insurance, and a third-party guarantor. Credit enhancement reduces credit/default risk of a debt, thereby increasing the overall credit rating and lowering interest rates simultaneously.

In addition to simplifying the loan application process via instant matching, FintruX Network also provides borrowers with post-funding selfserve administration options such as refinance and prepayment and access to third party rated agencies.

FintruX Network makes it easy for small businesses to quickly secure affordable loans with no collateral, in any currency.

It is a blockchain based online marketplace and automated administration platform connecting borrowers, lenders, and specialized servicing agents, enabling them to configure and construct each borrower contract real -time.

FTX TOKEN






The FTX Token is used to power the FintruX Network and works as a means to reward or get rewarded for participation in the marketplace. FTX is transferred from one participant to another as activities are carried out on the FintruX Network.

FintruX Network will be rewarded a fee subsequent to executing these activities.

According to official information, ownership of FTX Token carries no rights other than the right to exchange and claim over the platform. FTX does not represent or confer any ownership right or stake, share or security or equivalent rights, intellectual property rights or any other form of participation relating to the FintruX Network.

Over the course of their operation, the Fintrux platform collect FTX tokens as fee where FintruX will continuously sell them back to participants to maintain the token economy and finance the operation.

The FintruX team has extensive experience serving the financing industry in Asia and North America and the securitization software built by the development team is currently managing billions of dollars of assets. The team leverages their experience to make unsecured loans highly secure and make affordable, safe cross-border borrowing a reality.

The founder Nelson Lin has been an innovator all his life since he started his career in the financial-technology sector as a systems analyst at J.P. Morgan in 1986.

LIST OF ADVISORS AND PARTNERS of FINTRUX can be found here: https://www.FintruX.com/#team-section

To know more inforamtion about FintruX, Visit here:

FintruX website
Whitepaper


Click here to know more about FintruX ICO : Token Sale


Authored by:
Bitcointalk profile: @imdada