Connect with us

Digital Securities

Fintelum Goes Live with Security Token Platform

mm

Updated

 on

Fintelum Goes Live with Security Token Platform

Platform Launch

It has recently been announced that development has been completed on the Fintelum Platform. Recognizing the enormous potential surrounding the digital securities sector, the team at Fintelum set out to service this industry. The resulting product from their efforts is a polished ‘toolkit’ that facilitates the ICO/STO process for token issuers, in a regulatory compliant manner.

Services Offered

Through their platform, Fintelum is able to offer a variety of services. Here are a few examples of what they have to offer.

  • Token creation via the Ethereum blockchain
  • KYC/AML compliance measures
  • Escrow/Custodian services
  • Transfer agent

As can be seen from the list above, the Fintelum platform is a comprehensive one, which strives to satisfy the needs of both token issuers and investors.

Licensing

To get where they are today, Fintelum underwent an approval process with the Estonian Financial Intelligence Unit (FIU), in 2018. Upon completion of this process, Fintelum was awarded multiple licenses.

License No. FVR000385

  • Providing services of exchanging a virtual currency against a fiat currency

License No. FRK000315

  • Virtual currency wallet services

The Team

Fintelum is comprised of multiple individuals well versed in the world of blockchain. Here is a brief look at those leading the way at Fintelum.

Fintelum Goes Live with Security Token Platform

Liza Aizupiete – Managing Director

An alumni of the University of Geneva, Liza Aizupiete brings to Fintelum a wealth of experience from her time as the co-founder and managing directors of crypto exchange, Globitex. This experience is being leveraged, as she is tasked with overseeing product development, marketing, and various other company roles.

Arvis Ermins – Legal and Compliance DirectorFintelum Goes Live with Security Token Platform

An alumni of the University of Latvia, Arvis Ermins brings expertise in both legal and regulatory environments. This expertise was garnered through past dealings with companies such as Deloitte and the Constitutional Court of Latvia.

Fintelum Goes Live with Security Token Platform

Maris Kaneps – Director and Head of IT

As the former Head of IT at Globitex, Maris Kaneps transitioned to Fintelum alongside his colleagues discussed above. This transition saw Maris Kaneps maintain his role as Head of IT. He is well equipped for this position, as he holds a Master’s Degree in Engineering Sciences in Computer Systems.

Commentary

In their press release, Liza Aizupiete, Managing Director of Fintelum, took the time to comment on the development, stating, “By advancing tokenisation of assets and businesses, we are precipitating the change in the capital markets and financial industry as a whole.”

Fintelum

Fintelum is an Estonian based financial services company, which was founded in 2018. The company is comprised of like-minded individuals that saw the potential of the burgeoning STO sector, and set out to develop a product to service it.

With the platform launch discussed here today, the time is now for Fintelum to begin making waves, and onboarding token issuers.

Spread the love

Joshua Stoner is a multi-faceted working professional. He has a great interest in the revolutionary 'blockchain' technology. In addition to this, he is a licenced Paramedic in Nova Scotia, Canada. As such, he can provide emergency care/medicine to any situation necessitating it.

Advertiser Disclosure: Securities.io is committed to rigorous editorial standards to provide our readers with accurate reviews and ratings. We may receive compensation when you click on links to products we reviewed.

Trading Risk Disclaimer: There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk.

This risk is  higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio.

Securities.io is not a registered broker, analyst, or investment advisor.