Small and medium businesses are the backbone of the global economy. In fact, these businesses are a major GDP contributor. However, they do not often get support in terms of financial backing – which is one of the major challenges that they face in scaling up their businesses.
Financial institutions are quite stringent when it comes to approving loans to small and mid-sized ventures. Moreover, the traditional banking system makes it very hard for them to get the funding support they need in order to operate and grow their companies.. SME funding is considered to be a high-risk, as a result, most of these businesses are stuck scrambling to raise the necessary funds to grow their businesses.
The blockchain-based firm AladiEx is addressing this issue, by providing a superexchange platform that acts as a financial supply tool for small and medium-sized businesses.
About AladiEx
AladiEx enables businesses to raise capital without the hassle of interacting with traditional financial sources. AladiEx allows MSMEs to raise funds in a low cost, small barrier manner while providing investors with the opportunity to get involved with promising businesses and help them grow with the funding they need.
‘AladiEx seeks to assist a million micro, small, and medium enterprises (MSMEs) to access the required funding over the next five years. Leading the change in raising business capital, AladiEx is geared to unlock billions of dollars in funding for businesses worldwide within the AladiEx ecosystem.’ – Daniel Schwartz, Chief Executive Officer, AladiEx.
The platform uses blockchain technology to provide a secure environment for businesses and investors to interact in. It offers transactional transparency and safety for investors. At the same time, it also allows businesses to pitch their ideas through a blockchain-based decentralized platform, thus opening up potential investment opportunities globally. AladiEx is equipped with user-friendly trading tools, allowing investors to manage their assets and investments through a single dashboard.
To put it simply, AladiEx is a social community where investors and businesses can interact with each other in a mutually beneficial manner.
How does AladiEx work?
AladiEx is a blockchain-based multi-tier platform. On the funding side, it acts as a launchpad for small businesses to enter into a global pool of investors. Later it functions as a financial supply tool for them to scale to higher levels.
Fundraising is critical for small businesses. There are also innumerable cases of businesses scamming investors in the cryptocurrency space between 2017 and now.. In order to ensure complete transparency and security, AladiEx makes sure that only legitimate businesses are registered on the platform. It is also equipped with a KPI-based mechanism that allows projects to advance into further funding rounds, only after they achieve certain goals.
All in all, AladiEx is a technology-powered platform that helps deserving businesses to achieve their full potential, by connecting them with potential investors.
‘We plan to assist 1,000,000 MSME businesses with their funding needs over the next 5 years!’ – AladiEx Mission Statement.
Website: https://aladiex.com/
Telegram: https://t.me/AladiEx
Contact: [email protected]