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Crypterium

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Digital wallet & card to effortlessly manage your finances; store, buy, invest, cash-out and spend crypto

279%
 - 
Funded 11 Mar 2021
€1,000,007 target
€3,165,540 from 2,535 investors
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Business overview

Location Tallin, Estonia
Social media
Website crypterium.com
Sectors Finance & Payments Digital Mixed B2B/B2C
Company number 14352837
Incorporation date 16 Oct 2017
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Investment summary

Type Equity
Valuation (pre-money) €84.5M
Equity offered 3.21%
Share price €11.57
Tax relief N/A
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Business highlights

  • Over 400 000 customers from over 170 countries
  • Transaction volume has tripled for the last 12 months to €150+mln
  • 10х growth of monthly gross profit in 2020*
  • For the last 2 years we have launched over 15 products
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Key features

  • Secondary Market
  • Seedrs nominee min. €11.57 +
  • Idea
  • Perks
  • Team
  • Updates
  • Investors 2,535
  • Discussion
  • Documents

Idea

Introduction

Crypterium is one of the world's leading Cryptoapps. A fast-growing digital fintech solution that helps customers in 170+ countries manage their assets with ultimate ease. Our services are also available to a vast array of business partners via a simple integration enabling Crypterium to reach potentially millions of new users.

We make cryptocurrency as easy to use as cash.

Our solutions are designed to help users from all over the world enjoy the benefits and freedom of blockchain-based currencies in a safe, transparent, and highly-intuitive environment.

🎯 Our goal is to make cryptocurrency available on

We are on the brink of a new era. Cryptocurrencies are about to go mainstream, and Crypterium is at the forefront of this evolution.

Within the next seven years we aim to be on every third smartphone in the world.

Substantial accomplishments to date

• 10x growth of monthly gross profit between Jan 2020 and Dec 2020*;
• Launched more than 15 different products and services
• User base has expanded to 400k+ customers worldwide
• Transaction volume has reached €150mln for last 12 months

Problems we aim to solve:

🔴 Problem #1
Digital assets have proven to be a reliable choice to protect savings from hyperinflation. But despite many benefits, users still find cryptocurrencies difficult to handle.

🚀 Solution: All in One Wallet
A secure, single-access wallet to store, invest, send, buy, exchange, cash out, and spend cryptocurrency on the go. Crypterium Wallet makes digital assets as easy to manage as traditional fiat currencies — but better!

🔴 Problem #2
Mass adoption of cryptocurrencies is on its way and businesses want a piece of the action, but most don't have the time, expertise, resources, licence or money to do it.

📲 Solution: White label for B2B
A ready made, easily integrated B2B solution. Our services. Their brand.

🔴 Problem #3
One of the biggest problems for cryptocurrency holders has always been the inability to spend their currency in shops, online or even withdraw as cash from an ATM.

💳 Solution: Physical & virtual cards
The Crypterium Visa card is just like every other Visa card, except it's for Crypto. Through Apple Pay and Google Pay (soon), your card can be used instantly, whilst traditional physical cards can be used in more than 100 million POS terminals all over the world and can be used to withdraw your money from most ATMs.

Monetisation strategy

Why focus on just one business segment when you can just as easily have two? All our products and services are delivered with the end customer in mind. But Crypterium is not the only company that can benefit from such services, other companies need them too. That is why we simultaneously target both B2C and B2B2C customers.

B2C: transaction fees + interest rates + subscriptions
B2B: Business subscription + transaction fees based on revenue sharing model

In the last 3 months we have already earned almost € 1,000,000 in revenue on B2C and B2B, and we expect this figure to grow via our B2B at practically zero new user acquisition cost*.

Our vision is to own those parts of the business chain that have good margins, whilst outsourcing those that don’t. In the nearest future Crypterium expect to expand its range of Visa Card services, cryptocurrency investments, savings and loans, whilst outsourcing lower margin products such as fiat currency checking accounts.

🌟6 Reasons to invest

Use of proceeds

Our goal for 2021 is to expand our products & services, grow our team, and increase our profitability by launching new investment products and coverage expansion.

*Based on unaudited management accounts

Please note that €600k has been invested in the campaign by team members of the business including the CEO.

Perks

Please note that any discounts and/or offer listed by a company in its campaign are subject to the terms and conditions applied by that company. It is the company's responsibility to honour such discounts, rewards and/or offers and Seedrs does not take any responsibility for them.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

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Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This webpage has been approved as a financial promotion by Seedrs Limited ("Seedrs"), which is authorised and regulated by the Financial Conduct Authority. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Seedrs platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Seedrs platform. All investment activities take place within the United Kingdom, and any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Seedrs does not make investment recommendations to you. No communications from Seedrs, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Seedrs does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Seedrs, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from €84,461,000

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

Pitch type

There are 5 types of investment pitch available on Seedrs.

  • Equity
  • Convertible
  • Fund
  • Cohort
  • Secondary

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

Learn more about pitch type on Seedrs

Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Seedrs campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

Learn more about investing and pre-emption rights.

Seedrs nominee

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Seedrs nominee.

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Custodian

If you invest in this Campaign, Seedrs will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Seedrs will not benefit from any rights under a shareholder agreement. As a result, Seedrs will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

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Direct investment

This is an option to invest and hold shares 'directly' in the company (rather than via the Seedrs Nominee). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

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Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer, using funds in your investment account or create a Pay by Bank payment. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Seedrs. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Warning

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None of the information in constitutes part of the campaign and it has not been approved or reviewed by Seedrs.

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