Elegro

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Never heard of them before, but for this Estonian companies website to supports only two‌ languages i.e English and Russian says a lot about the intended customers ns2.
 
They promise a lot of useful things. And for offshore companies too.
 
I bet they do...lol. These FinTech companies are mostly run by Macbook techies‌ with next to no knowledge of banking or AML. They start with an idea and‍ then they manage to find an idiot to fund that idea and they launch. However⁠ reality remains the best teacher in life when it comes to operating in the financial⁤ services industry - especially in relation to anything crypto.
 
You may be careful with all these new companie popping up, it seems lot's is‌ possible at the moment and everyday new services like the one discussed here see the‍ daylight only time will show how strong these entities are.
 
On their home page, I'm reading:‌

First time I see this slogan used by a bank. What's⁠ next? Free credit cards today only?
 
quick due diligence found that Elegro's CEO also owns companies in Cyprus smi(&% bet he reads‌ the forum too smi(&%

company is pretty new tough, 20.06.2018... interesting services for e-commerce owners.
Also they already have working apps in the apple/google stores.
we'll see how long it will‍ last/how will scale.

if you try, please update here.

erabanq on the other side is⁠ fishy and owned by a kid IIRC
 
First we had EQIBank who bought a shell bank from Russian Mafia. Now we even‌ have a new ICO for a company called Victorieum that is raising money to setup‍ an offshore bank 🙁. They make the claim on their roadmap.....

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May-June 2019
  • Receiving offshore banking license.
  • Receiving approval for correspondent accounts in USD and Euro from top AAA⁠ banks.
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Firstly there is no commercial bank in the world that has a AAA⁤ rating from any agency ns2. Furthermore there are no banks offering USD correspondence banking to⁣ an offshore crypto bank. The BS out there never ends.
 
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