FQX is radically facilitating trade finance and money markets by using eNotes, disruptive short-term financing, and payment instrument. In essence, an eNote is an unconditional promise to pay a specific sum to another party at a specific future date. The eNote is based on Blockchain technology and can be flexibly sold and transferred to any third party (i.e. an investor). When compared to other financing options, eNotes as negotiable instruments outperform through their financial steering capabilities and global transferability.
FQX is the first market-ready solution for eNotes™ built on a banking-grade Blockchain (Swiss Trust Chain) with a unique, patent-pending authentication mechanism (based on regulated and qualified electronic signatures provided by Swisscom). The eNote™ infrastructure can be integrated into financing platforms of banks and Fintechs, allowing their customers to benefit from the entire eNote™ lifecycle from issuance to settlement.
Total Funding: $6.7 M
Funding Stage: Seed
Business Stage: Scaling Up
Market: B2C, B2B
Company Size: 26 to 50
Founded: 2019
For AI/ML Startup Founders
Get introduced to VC/PE/CVC investors
For Investors at VC/PE firms
Get introduced to AI/ML Startup founders or founders at FQX
