SEC-regulated crowdfunding intermediary, Obelix, marking its 100 days in operations, has introduced an optimised version of its mobile app, monieworx.
For the past 100 days, Obelix-operated funding portal, monieworx, enabled three SMEs raise 100 million from its retail investor community.
The portal has consistently paid interest to investors every Friday in keeping with its proposition of weekly coupon payments. In addition, It is note worthy that the 30-day and 45-day notes hosted on the portal have fully redeemed.
While returns on traditional investments are typically received monthly, quarterly and sometimes yearly, monieworx has introduced weekly interest payments. The increased frequency of payments gives investors greater control over their cashflow.
Obelix in a statement also announced zero-default by the three SMEs that raised funds on the portal. This attests to the advantage of investing through regulated crowdfunding portals. Businesses fundraising on monieworx must go through a thorough vetting process that ensures only the most promising ventures with established and viable business models can secure funding from the growing community of investors on the platform.
Obelix recently introduced an improved version of the monieworx web and mobile apps; allowing investors to conveniently view their investment portfolio through a quick access dashboard that consolidates their account balance, token balance, and income in a single view.
With this latest upgrade, investors can effortlessly participate in crowdfunding campaigns and manage their investment portfolio more efficiently from the device of their choice.
