DESICO Gets Paysera Bank Network as First Security Token Offering Client
The DESICO company, one that has been issuing plus trades of the security token, has gone ahead to sign an agreement with the very first business company that has been able to carry its own Security Token Offering all this was done through the DESICO platform.
In April of this year is when the STO has been scheduled, and the tokenized securities that have been issued will only be made available to the retail investors in the market.
— DESICO (@desico_io) February 25, 2019
More On The Paysera
The Paysera platform has been able to operate in over 184 countries across the globe and has been able to partner with about 50 different banks in the market. It has also been able to attract about 250,000 clients on to their platform who are spread across the globe and just to ensure the company is successful they have about 100 employees within the Paysera offices in different countries such as Lithuania, Great Britain, Latvia, Spain, Bulgaria, and Estonia.
Paysera has been providing several electronic payment services; it is the likes of currency exchange, reliable payment methods that can be used in e-shops, global money transfer, debit cards, some event ticketing services and not forgetting the retail solutions that have been offered for the mobile payments.
The company has also gone ahead to provide reliable payments for the cafeterias and restaurants together with micropayments for the entertainment and games in the market.
“Paysera increased its revenue from EUR 7.64M to EUR 10.6M between 2017–2018, which is an increase of almost 40%. These results show the company to be financially strong, and DESICO looks forward to helping retail investors invest in this type of solid, advanced and constantly growing company. Security tokens are for those seeking secure investments with more transparency and legitimacy of their transactions. DESICO will help Paysera benefit significantly from issuing these regulated, tokenized, and tradable assets.’’
According to DESICO CEO, Laimonas Noreika
Paysera has also gone ahead to choose the crowdfunding method as a method they could use to raise funds. Thus, this will be able to allow the retail investors; this is including both the existing and new clients, will be able to participate in the upcoming STO. Just to ensure they have created a welcoming environment for the retail investors, the company has put a maximum investment limit that will be of about EUR 7500 per every investor.