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About Lenda
- 3 million daily users of cryptocurrencies, expected to exceed 200 million by 2025.
- Annual CAGR of ~70% for the foreseeable future.
- Lenda CryptoBank will be available for download via iOS or Android marketplace.
- Instant processing engine for both fiat and crypto-based currency transactions.
- Enabling interchangeability between the two.
- 42 million payment terminals and many internet stores and payment points.
- Algorithms allowing for the most efficient exchange rates matching across natural peer-to-peer flow.
- Range of complementary banking services from simple Peer-to-Peer payments to Cryptocurrency-backed lending.
- Lenda aims to meet the banking
About Lenda: Empowering a New Era of Digital Finance
What is Lenda?
Providing cryptocurrencies to mainstream everyday users will necessitate dedicated crypto banking services. Only once an individual is able to utilize cryptocurrency in the same manner as they would any other currency, will all the benefits of cryptocurrency, such as lower transaction costs, speed of payment, removal of national boundaries, and so on, become a reality. There are already 3 million daily users of cryptocurrencies, a number expected to exceed 200 million by 2025. The demand for cryptocurrencies exists now and will grow at an annual CAGR of approximately 70% for the foreseeable future. The potential to satisfy this demand is perhaps the most exciting banking development of the past 100 years, and the prize for those who are successful is a place on the global banking landscape at a rate of growth and a worldwide presence that can never be matched by any traditional banking development plan.
The Lenda Cryptobank will be a pioneering step in satisfying this demand. It will be made available for download via the iOS or Android marketplace and is planning to be ready-to-use on mobile devices immediately. Unlike conventional mobile banks that take weeks to process and issue cards, the Lenda Cryptobank provides an instant processing engine for both fiat and crypto-based currency transactions while enabling interoperability between the two. With Lenda’s digital bank, customers will finally be able to utilize cryptocurrencies to pay for fiat-based goods without transactional hurdles.
Limits and low commissions on any of the world’s existing 42 million payment terminals and numerous internet stores and payment points. Lenda’s technology platform is being developed to be based on algorithms that enable the most efficient exchange rates, matching across natural peer-to-peer flows as well as third-party crypto-exchanges. This is planned to be quickly followed by a range of complementary banking services, from simple peer-to-peer payments to cryptocurrency-backed lending. Lenda aims to meet the banking needs of the Cryptocurrency Era.
Lenda is building Cryptobank 2.0 for the Cryptocurrency era. People will be able to store, spend, exchange, and later borrow practically any Cryptocurrency in the same way as they could any other currency, but in a quicker, cheaper, and more secure environment than is possible in any traditional bank or fiat currency. The Cryptobank will be the decentralized core that interlocks the restricted financial world we live in today and a future Cryptoeconomy with limitless, borderless opportunities. Most of the technology for this financial revolution already exists: Apple Pay, Samsung Pay, Alipay; the world’s biggest banks and payment platforms have already installed more than 42 million contactless payment terminals worldwide, a number that is growing rapidly. Lenda will take full advantage of this global contactless phenomenon, but instead of using it for traditional payment cards using fiat currencies, we will use it for Cryptocurrencies through personal smartphones. We can skip generations of dedicated development by some of the biggest companies in the world and adapt that technology to the Cryptocurrency Era within months, or years, but definitely, not decades.