is lit up like the 4th of Jooooo Laii!
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News cycle has been great. Expecting some more big reveals in the near term. $VMNT
This is still a very young play. Blue skies ahead. $VMNT
Agreed. Super smart sector to be in right now. $VMNT
$ICTY looking poised for a great week next week.
Its a big deal that we turned down any toxic funding. You can see how healthy this float is. $ICTY
Expecting we'll see some last end of weeks ASK dings here. Sideliners won't be able to resist. $VMNT
$VMNT is a no brainer add all the way up to 20 cents for me.
Every indicator here practically screaming for some snapback action next week. Great opportunity. $VMNT
Very much agreed. This is a great level for loading the boat. $VMNT
Red close today. 16% down from open on the heels of some swing traders taking profit. But amazing level to reload at. $GTEH
$GTEH growth in the online retail market promises to be especially lucrative. $GTEH
$VMNT Vietnam market place is a hugely untapped market for fintech.
Massive potential here to see this still double and triple from here.
Tell me why? I want to believe. I say that with all sincerity.
About Vemanti Group, Inc.
Vemanti Group, Inc. (OTC PINK:VMNT) is a technology-driven multi-asset company that seeks to be active in high-growth and emerging markets. Our core strengths are in technology development and investment. We drive growth through acquisition and investment in disruptive and foundational technologies by targeting early-stage companies that have market viable products or by starting a new subsidiary of our own. Strategically, we focus mainly on fintech applications combined with other emerging technologies, including blockchain and machine learning/AI.
About Fvndit, Inc.
Fvndit, Inc. ("Fvndit”), pronounced like "Fund it”, is a California- and Vietnam-based fintech company, focused on solving the working capital problem for SMEs using technology. The team is comprised of engineers, designers, data scientists, trade finance and banking veterans across 2 locations: Irvine, CA and HCMC, Vietnam. It’s using technology to re-build core parts of the business funding infrastructure and make the underwriting and financing seamless for small businesses. Its wholly-owned subsidiary, eLoan, JSC ("eLoan”), operates an online P2P funding and investing marketplace in Vietnam, its current local market.
About eLoan, JSC.
eLoan, JSC ("eLoan”) (https://eloan.vn) is a peer-to-peer (P2P) lendingmarketplace that allows investors to lend money directly to small and medium-sized enterprises (SMEs) based in Ho Chi Minh City, Vietnam. eLoan is the first peer-to-peer lending company and one of the few fintech firms in Vietnam focusing purely on serving SME clients with short-term loans. Its platform is run on a proprietary AI-driven decision-making and credit-rating system. The company is a legal entity registered under the laws of Vietnam and is not affiliated with E-LOAN, Inc. and http://eloan.com, a Division of Banco Popular de Puerto Rico.
GREAT PR yesterday Vemanti Group’s Portfolio Company Fvndit Has Disbursed Over $15 Million In Loans To SMEs
GlobeNewswire
Vemanti Group, Inc
,GlobeNewswire•July 22, 2020
IRVINE, Calif., July 22, 2020 (GLOBE NEWSWIRE) -- Vemanti Group, Inc. (OTC PINK:VMNT) a multi-asset technology-driven company, today announced that its portfolio company, Fvndit, Inc. (“Fvndit”), has disbursed a record of over $15M USD in loans to SMEs in Vietnam through its P2P lending marketplace, eLoan JSC (“eLoan”).
eLoan’s total revenues for FY2019 increased by 338% compared to FY2018. Despite the global uncertainties around COVID-19, it is still projected to exceed last year’s performance. Most of the loans are short-term loans, averaging a two-month term. The average ticket size of the loans facilitated stands at $50,000 USD. Small to Medium-Size Enterprises (SMEs) play a major role in Vietnam's economy, accounting for 98% of all enterprises, more than 41% of GDP ($261.64 billion - nominal, 2019 est.), and over 50% of employment. Access to credit is the biggest challenge for these businesses. It is estimated that 70% of the SMEs in Vietnam don’t have access to proper financing. Banks regard loans to SMEs as risky relative to high transaction costs and approval process could take 1-2 months. Most banks don’t find enough value in underwriting loans for SMEs, often because their typical loan size is not very large, and banks cannot justify the money or the manpower they spend on underwriting smaller business loans. Banks providing commercial loans prefer to allocate their resources to larger firms rather than SMEs.
“We measure our success not just on numbers but also the impact we’re creating. Helping SMEs grow is important for Vietnam’s continued rise as a regional economic driver. Our retention rate is over 70%. There is a huge unmet credit demand that we want to fill. We’re currently working on closing a sizable financing transaction with institutional investors to increase our loan portfolio and diversification of products to strengthen eLoan’s position as the market-leading P2P SME financing platform in Vietnam. We’re also confident in expanded future growth with strategic partnerships currently in the works as well as the ones we already have in place like Nam A Bank and Investree.” stated Tan Tran, CEO of Vemanti Group, who is also Fvndit’s CEO.
Fintech today is a much sought-after space in Vietnam’s emerging economy and with a $23B-financing gap for SMEs in the country, a joint report released by the International Finance Corporation (IFC) and SME Finance Forum estimated. eLoan’s P2P lending platform addresses the long-standing issue of lack of SME financing by using technology to streamline the loan underwriting procedures, making it relatively cost-effective and efficient with end to end processing completed in as little as 24 hours. With a population of close to 100M and a consistent growth in the annual gross domestic product (GDP), Vietnam has emerged as one of the next big lands of opportunity in Southeast Asia.
The current macro environment has brought economic challenges globally. However, it has also created a myriad of opportunities for P2P platforms like eLoan. P2P lending has started to come to fruition during the crisis, not just by surviving but by playing a role in the economic recovery. P2P has outpaced traditional bank savings, making alternative lending one of the more attractive products on the market for yield-seeking investors. As part of an effort to further enhance user experience, eLoan is looking to deploy a mobile app in the near future, available for both iOS and Android, to match their website capabilities in terms of account management for individual investors. With it, users will be able to set their own investment rules and have a customized portfolio by manually participating in individual loans or setting up an automated fixed-income strategy.
For more news and updates, current shareholders and prospective investors of VMNT can follow @Vemanti on Twitter (https://twitter.com/Vemanti).
$15 million in loans to SMEs! solid numbers. $VMNT
HOD her .175. We will see that 20 cent break here soon. $VMNT
$GSFI loving the new revenue!
.05 x .06 $GSFI time for traders to come out of the lunchtime lull.
About Green Stream Finance, Inc.:
Green Stream Finance, Inc., a Wyoming-based corporation with satellite offices in Malibu, CA and New York, NY, is focused on exploiting currently unmet markets in the solar energy space, and is currently licensed in California, Nevada, Arizona, Washington, New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii, and Canada. The Company's next-generation solar greenhouses, constructed and managed by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and trademarked design developed by world-renowned architect Mr. Antony Morali. The Company is currently targeting high-growth solar market segments for its advanced solar greenhouse and advanced solar battery products. The Company has a growing footprint in the significantly underserved solar market in New York City where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream is looking to forge key partnership with major investment groups, brokers, and private investors in order to capitalize on a variety of unique investment opportunities in the commercial solar energy markets. The Company is dedicated to becoming a major player in this critical space. Through its innovative solar product offerings and industry partnerships, the Company is well-positioned to become a significant player in the solar space.
Nice news we've had here. $GSFI
Loading up boys! This play is still very young. $GSFI
$GSFI got a new order in for tomorrows open.
$GSFI hearing alot of buzz on this on social media.
Good day for $GSFI nice indicator for whats coming up.
$VMNT still flying low under the radar but lots of new eyes here.
Still very undervalued. $VMNT
About Vemanti Group, Inc.
Vemanti Group, Inc. (OTC PINK:VMNT) is a technology-driven multi-asset company that seeks to be active in high-growth and emerging markets. Our core strengths are in technology development and investment. We drive growth through acquisition and investment in disruptive and foundational technologies by targeting early-stage companies that have market viable products or by starting a new subsidiary of our own. Strategically, we focus mainly on fintech applications combined with other emerging technologies, including blockchain and machine learning/AI.
String of nice hits here at the begin of power hour for $VMNT
Interesting that most o f the loans are short term loans, around 2 months. Quicker to get that cash flow up. $VMNT
$15 million in loans to SMEs in Vietnam! $VMNT
Great PR today: Vemanti Group’s Portfolio Company Fvndit Has Disbursed Over $15 Million In Loans To SMEs
GlobeNewswire
Vemanti Group, Inc
,GlobeNewswire•July 22, 2020
IRVINE, Calif., July 22, 2020 (GLOBE NEWSWIRE) -- Vemanti Group, Inc. (OTC PINK:VMNT) a multi-asset technology-driven company, today announced that its portfolio company, Fvndit, Inc. (“Fvndit”), has disbursed a record of over $15M USD in loans to SMEs in Vietnam through its P2P lending marketplace, eLoan JSC (“eLoan”).
eLoan’s total revenues for FY2019 increased by 338% compared to FY2018. Despite the global uncertainties around COVID-19, it is still projected to exceed last year’s performance. Most of the loans are short-term loans, averaging a two-month term. The average ticket size of the loans facilitated stands at $50,000 USD. Small to Medium-Size Enterprises (SMEs) play a major role in Vietnam's economy, accounting for 98% of all enterprises, more than 41% of GDP ($261.64 billion - nominal, 2019 est.), and over 50% of employment. Access to credit is the biggest challenge for these businesses. It is estimated that 70% of the SMEs in Vietnam don’t have access to proper financing. Banks regard loans to SMEs as risky relative to high transaction costs and approval process could take 1-2 months. Most banks don’t find enough value in underwriting loans for SMEs, often because their typical loan size is not very large, and banks cannot justify the money or the manpower they spend on underwriting smaller business loans. Banks providing commercial loans prefer to allocate their resources to larger firms rather than SMEs.
“We measure our success not just on numbers but also the impact we’re creating. Helping SMEs grow is important for Vietnam’s continued rise as a regional economic driver. Our retention rate is over 70%. There is a huge unmet credit demand that we want to fill. We’re currently working on closing a sizable financing transaction with institutional investors to increase our loan portfolio and diversification of products to strengthen eLoan’s position as the market-leading P2P SME financing platform in Vietnam. We’re also confident in expanded future growth with strategic partnerships currently in the works as well as the ones we already have in place like Nam A Bank and Investree.” stated Tan Tran, CEO of Vemanti Group, who is also Fvndit’s CEO.
Fintech today is a much sought-after space in Vietnam’s emerging economy and with a $23B-financing gap for SMEs in the country, a joint report released by the International Finance Corporation (IFC) and SME Finance Forum estimated. eLoan’s P2P lending platform addresses the long-standing issue of lack of SME financing by using technology to streamline the loan underwriting procedures, making it relatively cost-effective and efficient with end to end processing completed in as little as 24 hours. With a population of close to 100M and a consistent growth in the annual gross domestic product (GDP), Vietnam has emerged as one of the next big lands of opportunity in Southeast Asia.
The current macro environment has brought economic challenges globally. However, it has also created a myriad of opportunities for P2P platforms like eLoan. P2P lending has started to come to fruition during the crisis, not just by surviving but by playing a role in the economic recovery. P2P has outpaced traditional bank savings, making alternative lending one of the more attractive products on the market for yield-seeking investors. As part of an effort to further enhance user experience, eLoan is looking to deploy a mobile app in the near future, available for both iOS and Android, to match their website capabilities in terms of account management for individual investors. With it, users will be able to set their own investment rules and have a customized portfolio by manually participating in individual loans or setting up an automated fixed-income strategy.
For more news and updates, current shareholders and prospective investors of VMNT can follow @Vemanti on Twitter (https://twitter.com/Vemanti).
About Vemanti Group, Inc.
Vemanti Group, Inc. (OTC PINK:VMNT) is a technology-driven multi-asset company that seeks to be active in high-growth and emerging markets. Our core strengths are in technology development and investment. We drive growth through acquisition and investment in disruptive and foundational technologies by targeting early-stage companies that have market viable products or by starting a new subsidiary of our own. Strategically, we focus mainly on fintech applications combined with other emerging technologies, including blockchain and machine learning/AI.
About Fvndit, Inc.
Fvndit, Inc. ("Fvndit”), pronounced like "Fund it”, is a California- and Vietnam-based fintech company, focused on solving the working capital problem for SMEs using technology. The team is comprised of engineers, designers, data scientists, trade finance and banking veterans across 2 locations: Irvine, CA and HCMC, Vietnam. It’s using technology to re-build core parts of the business funding infrastructure and make the underwriting and financing seamless for small businesses. Its wholly-owned subsidiary, eLoan, JSC ("eLoan”), operates an online P2P funding and investing marketplace in Vietnam, its current local market.
About eLoan, JSC.
eLoan, JSC ("eLoan”) (https://eloan.vn) is a peer-to-peer (P2P) lendingmarketplace that allows investors to lend money directly to small and medium-sized enterprises (SMEs) based in Ho Chi Minh City, Vietnam. eLoan is the first peer-to-peer lending company and one of the few fintech firms in Vietnam focusing purely on serving SME clients with short-term loans. Its platform is run on a proprietary AI-driven decision-making and credit-rating system. The company is a legal entity registered under the laws of Vietnam and is not affiliated with E-LOAN, Inc. and http://eloan.com, a Division of Banco Popular de Puerto Rico.
$VMNT looking hot today!
Nice green close here $GTEH
Nice green close here $GTEH
Great Tweet last Friday: Sinfit Nutrition
@sinfitnutrition
·
Jul 17
$GTEH We are excited to receive our first shipment of product into our new Warehouse Monday, followed by our second shipment Tuesday. These are very exciting times for us as we can’t stop growing. 20k bottles of Maple Syrup for 1 customer. LETS GO!!!!!
Loving these low priced beauties, loading the boat on the way back to coppersville. $GTEH