Genie ICO overview
First licensed and operational lending platform to launch an ICO compliant with the Monetary Authority of Singapore guidelines.
Crowd Genie is one of the few licensed and fully operational digital business lending platforms in Singapore. It was granted a “Dealing in Securities” license by Monetary Authority of Singapore (MAS) in March 2017. The company is now embarking on a token sale to enhance its platform, reach global markets and scale revenues. The token – CGCOIN – is released by CGSPV Pte. Ltd., a Singapore-registered related company of Crowd Genie Financial Services Pte. Ltd. (CGFS).
What makes Genie ICO unique?
Singapore Licenced: Internal Operations process is robust and compliant.
Strong Track Record: 22% p.a. portfolio returns with 0% default rate over past 18 months.
Less Risky: Lending to established SMEs is less risky than lending to individual borrowers
Protection Scheme: GenieShield protects lenders in any event of delay/default in payment.
AI Scoring: AI engine extracts data and assesses credit worthiness with back-testing.
Extensive Partnership: Top 5 legal firms of SG, reputable due diligence partner and debt collector.
Comprehensive Solution: Digital Passport(KYC) + Tokenized Lending + Business Loans Asset Exchange