AllianceBlock has partnered with Graypes GmbH, a Swiss AI company, to identify and evaluate investment opportunities.
Graypes’ business rating mechanisms and company assessment technology will be used to assess startups, while AllianceBlock will provide peer-to-peer decentralised funding options through its funding protocol.
For start-ups in need of liquidity, this integration will make funding, lending, and borrowing easier and faster.
The service targets both professional and retail investors and specializes in the financial technology, property technology, and software-as-a-service industries.
Rachid Ajaja, CEO and co-founder of AllianceBlock, said he believed the finance industry was still lacking a verified vetting system to allow investors to identify and invest in promising start-ups.
“Recent interest amongst leading institutional players is a testament to the demand for integrated products like these, where costs and time are vastly reduced without compromising on proper due diligence,” he said.
“In addition, many start-ups face issues with accessing capital from reliable sources. Our new partnership with Graypes will create a unique, verifiable, and trustworthy funding ecosystem that increases capital flows between investors and start-ups through data-driven verification.”
Federico Carrasco, CEO and founder of Graypes, suggested the project could save precious time for businesses.
“There is a real gap in the start-up investment market for fast, reliable services that help global businesses to receive evaluation and access the funding they need to grow,” he said.
“Co-developed with AllianceBlock, the Fast Track to Investment (FTI) service will provide investment capital to businesses while reducing time spent on assessment and funding in a decentralised environment.”
The partnership follows several expansion partnerships for AllianceBlock in recent months, including Avalanche’s Pangolin decentralised exchange.
Via this siteAllianceBlock – Graypes partnership offers startup entrepreneurs decentralized funding options
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