{"id":7468,"date":"2020-01-13T00:08:00","date_gmt":"2020-01-13T00:08:00","guid":{"rendered":"https:\/\/savingsforfreedom.com\/?p=7468"},"modified":"2020-11-04T18:11:28","modified_gmt":"2020-11-04T18:11:28","slug":"iban-wallet-platform-pros-and-cons","status":"publish","type":"post","link":"https:\/\/savingsforfreedom.com\/blog\/2020\/01\/13\/iban-wallet-platform-pros-and-cons\/","title":{"rendered":"Iban Wallet: Platform Pros and Cons"},"content":{"rendered":"
\"iban<\/a><\/div>
Risk Management<\/a><\/span>

iban Wallet: A Warning Message<\/a><\/h2>
<\/i> By SavingsForFreedom<\/a><\/span><\/i> November 4, 2020<\/span><\/i> 0<\/span><\/div>
I decided to stop promoting iban wallet on my blog. Too many questions without answers, too much smoke around people, locations, finances and operations. A warning message to all.<\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n<\/a>\n\n\n\n

Iban Wallet is an online platform providing investment opportunities. It offers a fixed interest rate which comes from investments in loan portfolios given by different loan originators from the entire world. Funded in July 2016 in the UK by Daniel Suero Alonso<\/a>, Marc-Anthony Hurr<\/a>, and the Portuguese Pedro Freire<\/a>, Iban Wallet passed through multiple different ideas and pivots, but the focus on exploring loan investing opportunities seems to be there since the very beginning.<\/p>\n\n\n\n

Now the company is registered under the name New Generation Market SIA<\/a>, a business with company number 40203215233<\/a>, with its head office at Oberwallstra\u00dfe 6, 10117 Berlin, Germany by in fact registered in Latvia, under the ownership of Ahmad Maiwand Noorzai<\/a>, a French individual with a passport from the Islamic State of Afghanistan.<\/p>\n\n\n\n

\"iban
How Iban Wallet works<\/figcaption><\/figure><\/div>\n\n\n\n

In March 2019, Iban Wallet launched their current investment platform. With offices in Spain and Portugal, Iban Wallet have multiplied by 5 the company structure since 2018. With thousands of clients from more than 35 nationalities from around the world, the company manages a team of over 150 people.<\/p>\n\n\n\n

Iban Wallet is not a P2P Platform, it acts as an intermediary in the lending process. And Iban Wallet is not a bank, therefore, funds invested through the platform are not covered by any deposit guarantee scheme.<\/p>\n\n\n\n

Iban Wallet offers among the lower interest rates in the business. The highlights of Iban Wallet are the facts that interest payments are paid on a daily basis and that you can deposit or withdraw your funds when needed (without any cost, but depending on the investment plan). A fixed return with immediate liquidity. <\/p>\n\n\n\n

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Iban Wallet Platform Pros & Cons<\/h2>\n\n\n\n
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Iban Wallet Pros<\/h2><\/div><\/div>
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Immediate Liquidity<\/h4><\/div><\/div>
You can withdraw your funds at any moment (depending on plan)<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Daily Interest Payments<\/h4><\/div><\/div>
You see your account grow on a daily basis<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Excellent User Experience<\/h4><\/div><\/div>
Both the online platform and the mobile App are extremely easy to use<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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No Fees<\/h4><\/div><\/div>
All activities done are free of charge<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Customer Support<\/h4><\/div><\/div>
Iban Wallet provides among the best customer support within the industry, even bad reviews have a reply from the team with a justification<\/div><\/div><\/div><\/div><\/div>\n<\/div>\n\n\n\n
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Iban Wallet Cons<\/h2><\/div><\/div>
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Low Interest Rates<\/h4><\/div><\/div>
Between 2.5 and 6%<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Unsecured Deposits<\/h4><\/div><\/div>
Non-invested funds are stored with an electronic money institution, instead of a traditional bank with proper insurance schemes<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Lack of Transparency<\/h4><\/div><\/div>
No information available on Loan Originators, financial data on the loan portfolio or about the company<\/div><\/div><\/div><\/div><\/div>\n\n\n\n
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Company Structure<\/h4><\/div><\/div>
Iban Wallet was initially registered in the UK, but now is registered under the name New Generation Market SIA<\/a>, a business with company number 40203215233<\/a>, with its head office at Oberwallstra\u00dfe 6, 10117 Berlin, Germany by in fact registered in Latvia, under the ownership of Ahmad Maiwand Noorzai<\/a>, a French individual with a passport from the Islamic State of Afghanistan.<\/div><\/div><\/div><\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n

You should consider very well all the above pros & cons before investing on Iban Wallet. <\/p>\n\n\n

\"iban<\/a><\/div>
Risk Management<\/a><\/span>

iban Wallet: A Warning Message<\/a><\/h2>
<\/i> By SavingsForFreedom<\/a><\/span><\/i> November 4, 2020<\/span><\/i> 0<\/span><\/div>
I decided to stop promoting iban wallet on my blog. Too many questions without answers, too much smoke around people, locations, finances and operations. A warning message to all.<\/div><\/div><\/div><\/div><\/div><\/div>\n\n\n

What to learn more about Iban Wallet?<\/h2>\n\n\n\n
\"iban<\/a>
Check all articles about Iban Wallet<\/figcaption><\/figure><\/div>\n\n\n\n
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Iban Wallet Alternatives and Competitors<\/h2>\n\n\n\n
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\"Real<\/a><\/figure>\n<\/div>\n\n\n\n
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\"Business<\/a><\/figure>\n<\/div>\n\n\n\n
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\"Personal<\/a><\/figure>\n<\/div>\n<\/div>\n\n\n\n

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