Bankera raises around €25m in its pre-ICO round

Blockchain bank Bankera has raised around €25m in its pre-ICO round which saw the company sell 2.5bn of its BNK tokens at €0.01 each.

The digital bank gives users access to payments, loans, and investments, with plans for it to launch its p2p transfers, wallets, card schemes and remittance services in the coming months. The company plans to get a banking license by 2019 to allow it to offer loans and deposits, also that year the company hopes to implement investment solutions.

Through the company’s payment services, users will be able to support traditional currency and digital tokens.

The token sale saw around 15,000 investors take part, according to an article by IT BRIEF. Holders of the BNK token will receive a referral commission, paid weekly, and will represent 20 per cent of Bankera and SpectroCoin’s net transaction revenue.

The company plans to launch its ICO in October with the tokens costing €0.017 a-piece.

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