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Henrik78 15 days ago
What steps if any are you planning to avoid falling into other similar(albei tnot same) loan re-arrangers like Lendo etc Who made massive losses last/this year? Are there expansion business model in consideration? And as a last question, what if any SoMe strategy/campaigns are/will be in place to get your needed aggressive user base given that many of your users spent assumingly a lot of time online.
anonymous 20 days ago
Very interesting business idea to solve one of the most pressing issues we have in Finland (and many more countries).
Based on my experience in helping one of my friend recently with debt restructuring, I find the difference between Solidate interest offer of 8,9% (checked from Solidate website) and many offers from regular loan companies (range from 9,5-15%) quite small. How can you 1) make a difference to your potential customers that you can resolve their situations and 2) attract significant customer base to grow fast, if your offering is near to the existing market?
anonymous 22 days ago
Hi, Two questions 1) Your revenue target for 2021 is 3,2 M €. What kind of customer base is required to reach that target and how that compares to the current customer base? 2) Any guidance on how that 3,2 M € would break down between your different earnings models? (Arrangement fee, Maintenance fee, stake from the debt accord). Thanks in advance!
anonymous 23 days ago
Hello and congrats on your business idea! There's a lot to like from an ethics point of view, and it seems like an innovative and exportable concept because, unfortunately, the problem of people in debt who finance a loan with a further loan is common in many countries.
I'd like to ask you two questions:
1)Do you have any proof that the business is working? I ask because revenues at this point are really small, almost non-existent.
2) Do your investors and partners ICECAPITAL, Taaleri and Thomasset have bad loans they would like to restructure via Solidate?
Thanks in advance for your time and answers!
anonymous 24 days ago
Would you be able to provide more details about the current revenues, cashflow and customer base?
anonymous 24 days ago
What is your plan to keep investors up to date on what happens in Solidate? I.e. are you going to give progress reports or some sort of income/cash flow statements/balance sheets quarterly/yearly? If yes, on how deep level are you planning to report? Or what kind of other plans you have for investor relations? Just to be clear I'm not expecting a publicly traded company level reporting, though it would be nice!
anonymous 26 days ago
Good evening. I would like to know what the participation of the current institutional investors in this round will be and at what terms. I would like to know in particular whether at the end of this round they will have maintained or increased their current share. In addition, I would like to know whether new institutional investors are involved and what their investment in total funding will be. I would like then to know if institutional investors are on the corporate board. Finally, I would like to know if some form of liquidation preference is envisaged for some kind of shares