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Greengage
Digital merchant banking pioneer: “crypto friendly” accounts with B2B lending platform.
Raised
£1,310,000 (131%)
Company overview
-
Website
www.greengage.co -
Location
UK -
Founded
2018 -
Industries
FinTech, “crypto friendly” e-money accounts, B2B lending
Investment summary
£1,000,000
Target
Equity & Warrant
Type
Valuation (Pre-money)
£30,000,000
Minimum investment
£25,000
Idea
Our vision of digital merchant banking is centred around three verticals: 1) e-money accounts (payments and cards), 2) funding platform (focus on B2B debt), and 3) business apps collectively forming our core banking stack. We are keen to build relationships with our clients, as we see the future of “Web 3 Banking” to be centred around deep client relationships powered by transactional data, so that we can surface the most relative products and services to our clients across a wide range of partnerships.
We are finance specialists and digital natives working at the intersection of financial services and technology innovation. Our platform enables digital finance alternatives, offering e-money services, funding options and innovate business apps and solutions to help firms thrive. Our clients include SMEs, high net worth individuals, and digital asset businesses. All clients have a dedicated relationship manager and are treated as individuals – we never take a “tick box” approach.
Revenue generating
Consistently generated over £1m+ revenues p.a. from funding platform and technology verticals.
Excellent pipeline
Our core e-money proposition has launched in 2023 and we have an excellent pipeline of clients.
Experienced team
Greengage is trading over 4 years with strong traditional finance experience and digital savvy.
Risk Summary
Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.
What are the key risks?
- 1. You could lose all the money you invest
- The performance of most cryptoassets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in cryptoassets.
- The cryptoasset market is largely unregulated. There is a risk of losing money or any cryptoassets you purchase due to risks such as cyber-attacks, financial crime and firm failure.
- 2. You should not expect to be protected if something goes wrong
- The Financial Services Compensation Scheme (FSCS) doesn’t protect this type of investment because it’s not a ‘specified investment’ under the UK regulatory regime – in other words, this type of investment isn’t recognised as the sort of investment that the FSCS can protect. Learn more by using the FSCS investment protection checker here.
- Protection from the Financial Ombudsman Service (FOS) does not cover poor investment performance. If you have a complaint against an FCA regulated firm, FOS may be able to consider it. Learn more about FOS protection here.
- 3. You may not be able to sell your investment when you want to
- There is no guarantee that investments in cryptoassets can be easily sold at any given time. The ability to sell a cryptoasset depends on various factors, including the supply and demand in the market at that time.
- Operational failings such as technology outages, cyber-attacks and comingling of funds could cause unwanted delay and you may be unable to sell your cryptoassets at the time you want.
- 4. Cryptoasset investments can be complex
- Investments in cryptoassets can be complex, making it difficult to understand the risks associated with the investment.
- You should do your own research before investing. If something sounds too good to be true, it probably is.
- 5. Don’t put all your eggs in one basket
- Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well.
- A good rule of thumb is not to invest more than 10% of your money in high-risk investments. Learn more here.
If you are interested in learning more about how to protect yourself, visit the FCA’s website here. For further information about cryptoassets, visit the FCA’s website here.