UK/Spain-based fintech Nebeus introduced on Monday the launch of its new product, Crypto Renting. Nebeus describes Crypto Renting as a novel product within the fintech and crypto industries that enables cryptocurrency house owners to get passive earnings from their crypto with out promoting it.
“Crypto Renting, from Nebeus, works like another rental service: any Nebeus’ consumer who owns Crypto can hire their Bitcoin and Ethereum to Nebeus, who can pay a month-to-month hire, or perhaps a each day one, for its use. Nebeus customers who resolve to hire their Crypto in a Crypto Renting program will obtain a month-to-month hire payout for his or her Crypto, just like property house owners who obtain hire from their tenants. Nebeus customers may also have the ability to choose the choice to withdraw their earnings as soon as each 24 hours. All hire payouts made by Nebeus are in euro forex.”
Whereas sharing extra particulars concerning the product, Sergey Romonovskiy, CEO of Nebeus, said:
“Crypto Renting is yet one more step in our mission to bridge Crypto and money. We launched this product to provide individuals who personal cryptocurrencies a service that enables them to revenue from Crypto another way. With so many individuals investing giant sums of cash into Crypto, it is sensible for folks to have the ability to use that funding to achieve revenue with out having to promote their investments. Crypto Renting will permit our customers to achieve a secure passive revenue from their Crypto.”
As previously reported, Nebeus, which started buying and selling in 2017, reported it has captured a 50% quarterly year-to-date enhance in gross sales of its monetary companies, together with its crypto-fiat cost card, P2P Bitcoin loans, and the crypto change.
“As such, Nebeus is now driving the surge in gross sales to lift funds as a way to widen its portfolio of crypto-to-fiat companies and supply holders of cryptocurrency with further technique of cashing out into fiat forex, be it by debit playing cards, loans, and even common financial institution accounts.”
The corporate is at the moment elevating funds by its second fairness crowdfunding marketing campaign on Seedrs. Initially in search of £400,000, Nebeus’ newest fundraising effort has secured nearly £850,000. The funding spherical is about to shut subsequent week.