FQX provides an electronic promissory note infrastructure to facilitate trade finance and money markets .
FQX is radically facilitating trade finance and money markets by using eNotes, disruptive short-term financing, and payment instrument. In essence, an eNote is an unconditional promise to pay a specific sum to another party at a specific future date. The eNote is based on Blockchain technology and can be flexibly sold and transferred to any third party (i.e. an investor). When compared to other financing options, eNotes as negotiable instruments outperform through their financial steering capabilities and global transferability.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jun 2, 2021 | Seed | $4.70M | 3 | Earlybird Venture Capital | — | Detail |
Jan 15, 2021 | Non-Equity Assistant | — | 1 | F10 | — | Detail |
Jan 31, 2020 | Pre-seed | $1.40M | — | — | — | Detail |
Dec 1, 2019 | Angel | $600K | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Earlybird Venture Capital | Yes | Seed |
F10 | Yes | Non-Equity Assistant |
Carsten Thoma | — | Seed |
SIX FinTech Ventures | — | Seed |