Seriously, you’re now oversharing about Zeux. This article has been posted in three different threads only by you and I feel like I read the word Zeux in every post you make.
What you’re clearly promoting is an incredibly risky investment, with no FSCS protection and no recourse should your money disappear.
Please keep it to the Zeux thread at the very least, so the rest of us can mute it.
Since launching our crowdfunding round with Seedrs, we have increased our number of customers by more than 10x to almost 20,000, added international payments to our revenue-driving products, announced our plans for moving towards becoming our customers’ primary account through new partnerships with Visa and Clearbank, and last but not least – we were excited to announce receipt of advanced assurance for EIS status for our investors.
In terms of quality of acquisitions, of the 75% of customers who have cards activated, we have over 5,000 monthly active customers, and over 1,250 daily active customers. Our average customer balances remain above industry standards (at the time of writing, the average balance in cash savings is >£750), and we expect to see these rise further with the launch of our full investment platform within the next month.
For our latest issuance of listed bonds, we received £100,000 worth of bids within 26 minutes of going live, and at closing had a total of bids from 613 customers, with a total value of £987,600.
… .
We remain confident for targets for March 2020 both in terms of customer number growth, as well as usage of card, app and accounts of consumers. In addition, we have made progress with the B2B licensing tech side of the business through Project Imagine due to incoming requests.
Now we are fully focused on finding a good lead for Series A, which will be a necessity to hit our targets for 2020 and beyond
I am quiet frustrated that was unable to get Dozens bond allocation. The 5% rate is good only if can be accessed, otherwise its just a pie in the sky!
I am sure there are others in this community with the same frustration, I am trying to be helpful by sharing alternative options to Dozens. What happened to the ability to freely share one’s views…
The money in your cash savings account (as opposed to your current account) is in fact held in a UK bank account with FSCS protection, though to be clear this is not coverage of Dozens itself.
Well, 100k (edit: I meant 250k!) is supposedly reserved for shareholders, though the details are a bit skanty. However that’s done, it would skew things considerably
I have absolutely no idea - and couldn’t possibly comment even if I did. However, since this is our very first £1m issuance there is no way for anyone to tell what the bidding will be like. However, the rules are the same - we prioritise the smaller bids and will go up the list until all the bonds available have been allocated.