AllianceBlock Partners With Graypes To Connect participants With Vetted Startups Looking for Liquidity
A Fast Track to Investment (FTI) service is in development, facilitating data driven due diligence at record speeds, while increasing confidence amongst participators and startups.
Zurich, Switzerland — 5th October 2021 — In line with our mission to bridge the gap between decentralized and traditional finance, we have announced a strategic partnership with Graypes GmbH, a Swiss-based company using algorithms and AI to rate startups and vet opportunities for participants.
We are teaming up with Graypes to provide the global community with a unique Fast Track to Investment (FTI) service. Through FTI, businesses can be evaluated and then micro/seed-funded at record speeds, helping to provide swift and reliable funding to businesses, drastically reducing time and cost spent on evaluation processes. This service will target retail and professional participants and will be based on top rated businesses with a focus on technology such as Fintech, PropTech and SaaS, as well as more conventional startup models.
Our new partnership with Graypes will create a unique, verifiable, and trustworthy funding ecosystem that increases capital flows between participants and startups through data-driven verification. — Rachid Ajaja, CEO and Co-Founder, AllianceBlock
This will be a mutually beneficial partnership; we will integrate Graypes’ leading business rating technology and company assessment mechanisms into our decentralized peer-to-peer funding protocol, AllianceBlock Fundrs. This enables smarter funding, lending, and borrowing in the decentralized finance space. In tandem, Graypes will gain access to the Fundrs platform enhancing their ability to support their existing network of entrepreneurs.
Co-developed with our technology, the Fast Track to Investment (FTI) service will provide capital to businesses while reducing time spent on assessment and funding in a decentralized environment.—Federico Carrasco, CEO and Founder, Graypes
Commenting, Rachid Ajaja, CEO and Co-Founder of AllianceBlock, said, “The finance industry is still lacking a verified vetting system to allow participants to identify and contribute in promising startups. 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. In addition, many startups 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 participants and startups through data-driven verification.”
Federico Carrasco, CEO and Founder of Graypes, said, “There is a real gap in the startup funding for fast, reliable services that help global businesses to receive evaluation and access the funding they need to grow. Co-developed with AllianceBlock, the Fast Track to Investment (FTI) service will provide capital to businesses while reducing time spent on assessment and funding in a decentralized environment.”
Ajaja concluded, “Our partnership with Graypes represents another milestone in AllianceBlock’s growth, bringing us closer to making our vision of an integrated financial sector a reality. By integrating Graypes solutions with AllianceBlock Fundrs, we have created an invaluable opportunity for participants to optimize decision making across the board and make data driven decisions about projects. In addition, startups will benefit from increased capital flows from reputable industry members. We believe that delivering on this commitment is essential to the future of the global financial system.”
For more information, visit: www.allianceblock.io
About AllianceBlock
AllianceBlock is bridging the gap between decentralized finance and traditional finance, by remedying issues that exist in both spheres and linking them more closely together. They see the future of finance as an integrated system in which the best of both worlds can work together to increase capital flows and technological innovation.
Building this future by bridging traditional finance with compliant, data-driven access to new decentralized markets, DeFi projects and ecosystem-scaling tools such as funding and interoperability. As such, they are building a next-generation financial infrastructure that aims to provide regulated financial entities around the world with the tools they need to seamlessly access the DeFi space.
About Graypes
Graypes GmbH, is a Swiss company that uses algorithms and AI to rate business ideas and uncover potential opportunities. This way, Graypes drastically reduces the time and cost of business evaluation and funding. Around this core service, Graypes is building an open community of Innovators and Experts that help Innovators and their top ideas on funding, mentoring, and B2B partnership.
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