FINTRUX — A NEW ERA OF SECURITY IN LOANS

About Us

An unsecured loan is a loan that is not protected or secured by any asset. In this case the lender is taking a lot more risk and would likely charge a higher interest rate. The riskier the loan, the more expensive it will be.

We make borrowing and lending a no-brainer for both borrowers and investors.

What Is FINTRUX?

FintruX is the world’s first blockbuster, based on online market and automated administration platform for financing By connecting borrowers and investors, enabling them to customize and generate each contract in real time.

Our Vision and Mission

FintruX Network is one of the world’s first blockchain based online marketplace and automated administration platform connecting borrowers, lenders, and specialized servicing agents, enabling them to configure and construct each borrower contract real-time.

Our technology supports this innovative marketplace and administration model to efficiently connect and process the global supply and demand of capital.

Our platform also removes the need for physical infrastructure and brings out convenience and total automation, increasing efficiency, reducing manual processes and improving the overall borrowing and lending experience.

What Makes Us Different?

We use cascading levels of credit enhancement to improve credit worthiness. Through credit enhancement, the lender is provided with reassurance that the borrower will honor the obligation.

FintruX Network holds back 10% of each loan as over collateralization for additional collateral. This serves as the primary level of security for lenders.

LEVEL 1: Over-Collateralization

Lenders convert the over-collateralization portion of their funding into FTX Token to be stored in the cross-collateralization pool as insurance.

LEVEL 2: Cross-Collateralization

Local lenders may select from a list of local loans with varying incentives to act as a guarantor. Once committed, any left over unpaid delinquency or default will be covered by this guarantor.

LEVEL 3: Third-Party Guarantors

5% of all FTX Tokens has been reserved to cover any unexpected losses when guarantors fail to deliver their promises. This is the ultimate protection.

LEVEL 4: FintruX Collateralization Reserve

Target Metrics

The borrower is funded within hours
Installments are paid within minutes Activity reports in seconds

The Problem

Most of the financing comes from third parties such as brokers and other intermediaries. This adds to the cost, time and complexity of the process. Furthermore, the administrative process is usually labor intensive. Most Financing contracts are elusive and special instructions such as trade-ups, buyouts, refinances, prepayments, final processing, etc. are mostly done manually on spreadsheets.

Most of the systems used by investors are not fully automated, records can be changed, censored, and subject to the actions of the country’s domicile patriots.

The Financing Industry has yet to adopt or implement new technologies to meet new product demand and increased concerns about data privacy, increased competition and changes in consumer behavior pushing them in this direction.

Financing processes that manage risks, premiums and claims usually involve significant data exchange between multiple parties. Currently, various parties will keep a copy of their own data, and process it separately. This makes it difficult to sync and collaborate through a shared process.

Online financing portals that attempt to bypass intermediaries have failed to address the above issues.

How Does FINTRUX Change The World?

We provide the lowest interest rate for unsecured loans.

Benefits to Borrowers

We provide the lowest interest rate for unsecured loans.

Access to Affordable Credit
Superior Borrowing Experience
Branding Opportunity
Transparency and Fairness
Lowered Transaction Fee
Super-Fast and Efficient Funding
Self-service

Benefits to Lenders

Credit/default risk is reduced to the lowest level for piece of mind.

Access to Risk-Reduced Investing
Superior Lending Experience
Branding Opportunity
Access to a Network of Expertise
Attractive Returns
No Upfront Cost to Lenders
More Satisfied Customers

Our Competitive Strengths

An ecosystem is created with the most secure unsecured loan for participants.

Lowered Risk
Robust Network Effects
Rated Services
Global Funding Opportunity
High Availability and Security
Transparency
Instant Matching

The FintruX Network

FintruX Network makes it easy for small businesses to quickly secure affordable loans with no collateral, in any currency.

The three main competitive advantages of FintruX are:

1. Credit Enhancements

By applying credit enhancements, FintruX Network will virtually neutralize the lender’s credit risk and, in the case of a default, provide cascading levels of insurance to cover any possible loss. With risk reduced, lenders have peace of mind and the interest rates for borrowers is lowered.

2. No-Code Development

A unique smart contract is automatically generated and deployed by FintruX Network for each approved loan in real-time to provide unambiguous, immutable, and censorship resistant records where no arbitration is required. This is possible with our no-code development technology.

3. Open Eco System

In addition to simplifying the loan application process via instant matching, FintruX Network also provides borrowers with post-funding self-serve administration options and access to third party rated agencies.

Learn about FintruX, watch here:

https://www.youtube.com/watch?v=1bRa4nPxi9s

For Detail Information, You Can Visit :

Medium : https://medium.com/@FintruX
Whitepaper : https://www.fintrux.com/home/doc/whitepaper.pdf
Telegram : https://t.me/FintruX
Facebook : https://www.facebook.com/fintrux
Twitter : https://twitter.com/fintrux
Reddit : https://www.reddit.com/r/fintrux
ANN Thread : https://bitcointalk.org/index.php?topic=2286042

Profile: https://bitcointalk.org/index.php?action=profile;u=1776807;sa=summary

Eth: 0x5b27d133B357a4c36aef58C6e6C3307074C18a76

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