Our Steps For Success

FintruX Network leads the way towards credit democratization, offering an innovative alternative to credit access.

CREDIT ENHANCED FINANCING

Using the credit enhancement principles of securitization, FintruX delivers highly secure unsecured loans to benefit the small businesses borrowers, accredited investors, and financial institutions of the world.

ONE WORLD

By partnering with wallets, exchanges, and regulatory bodies, FintruX enables small business borrowers from countries with high interest rates to benefit from loans offered by lenders located in lower rate countries.

ADDITIONAL LOAN TYPES

FintruX invites innovative asset classes created by other network partners to the ecosystem to become the go-to financing hub of the world. FintruX will provide a marketplace for lenders to trade their loans to one another.


2017 Quarter 2
ETHEREUM R&D

Researched into blockchain technology; taken numerous courses on Smart Contract and Solidity development; practiced on Ropsten Testnet and internal private Ethereum Virtual Network.

DAPP R&D

Development team researched and practiced Angular 4, Truffle framework, Metamask, and interconnectivity with Smart Contract on private network and Testnet.

2017 Quarter 3
CONCEPT VALIDATION

The concept of FintruX passed around existing clients and board members of Canadian Finance & Leasing Association for validation.

WHITEPAPER READY

Documented and published blockchain based financing and automation into whitepaper.

TOKENIZATION

Design token utilization practice to the most efficient and effective operation of the FintruX platform.

2017 Quarter 4
FOCUSED PRACTICE

Focus FintruX financing on one specific product - "making P2P unsecured loan highly secure". FintruX Network facilitates global networking with specialized service agents.

WIREFRAME READY

The functionality of lenders selecting decision package, borrower instant matching, credit approval, fraud and identity verification, documents audit, smart contract generation & deployment, and funding demonstrated.

PARTNERSHIPS

Establish relationships with people from the financing and blockchain industry.

2018 Quarter 1
PROTOTYPE READY

First prototype comprising basic functionality of the wireframe deployed to Ethereum Testnet.

OPEN SOURCE

The smart contracts' solidity source code published on Github.

FUNDING

Crowdsale campaign completed.

TEAM EXPANSION

FintruX Network will expand the development team and hire experts in the financing and Ethereum blockchain development sectors.

2018 Quarter 2
ALPHA TEST

Fully functional version of the prototype deployed to production EVM with added functionality such as credit checks and scoring, scheduled payments, fee payments, cross collateralization pool management, end of term processing.

REAL CUSTOMERS

12 borrowers and 6 lenders signed up to use the FintruX alpha on a daily basis.

2018 Quarter 3
BETA TEST

Extend downstream processes and functionalities added such as guarantor participation, statistics, management reports.

NETWORK DEVELOPMENT

Platform ready to grow exponentially by adding new participating service agents.

SERVICE ORGANIZATION

Support team set up to help participants of our ecosystem.

MARKETING

PR, marketing campaign, event participation, and sponsorships established.

GENERAL AVAILABILITY

Initial version available for all participants.

2018 Quarter 4
GO TO MARKET

Sales and support team established.

SCALE THE PLATFORM

The platform is tested to serve the masses.

EXTENSION

Extend processes and functionalities such as loan trading interface launched on an incremental basis.

  • Marina Bay Financial Centre Tower 3
    Level 17-01
  • Singapore 018982
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