Debitum Network is an innovative hybrid ecosystem for small business financing - utilizing Ethereum blockchain based process together with principal and interest moved using fiat. This ecosystem based on decentralized and motivated communities brings together SME borrowers, local and regional risk assessors, debt collectors, insurers as well as global investors with interconnected trust-based smart contracts.
- 2015: Incorporated DEBIFO – an alternative finance company<br />
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- 2016.01: Joined Mintos p2p finance platform<br />
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- 2016.10: Reached financing agreement with a private debt fund MUNDUS<br />
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- 2017.02: Envisioned Debitum ecosystem<br />
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- 2017.06: Reached 3M EUR portfolio, nearly 20M EUR asset turnover
Q3 2017 - Creating Proof of Concept
- 2017.07: Expand core team with business and technology advisers<br />
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- 2017.08: Establish global business development team<br />
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- 2017.09: Build and deploy MVP version on Ethereum Ropsten blockchain<br />
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- 2017.09: Align with first counterparties of ecosystem
- 2018.03: Expanding Debitum Network team to prepare for global expansion<br />
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- 2018.06: Establishing Debitum Network in the first target country<br />
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- 2018.09: Testing and auditing Debitum Network 1.0 before public launch
Q4 2018 - Debitum Network 1.0
Develop Debitum Network ecosystem version 1.0 with manual on-boarding of asset generators, investors and additional service providers
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