Celsius Tops $200 Million in Coin Deposits in 10 Months, Completes $1.2 Billion in Originated Crypto Loans
LONDON--(BUSINESS WIRE)--May 16, 2019--
Celsius Network was founded to provide financial inclusion such as a high interest-earning wallet and low APR loans to crypto and stablecoin holders. With its motto “unbank yourself,” Celsius Network’s mission is to always act in the best interests of its community and give back up to 80% of its profits to its depositors; precisely what banks fail to do. Celsius has achieved a number of industry milestones, including:
About Celsius Network
Celsius Network addresses the financial needs of today’s consumers worldwide through a democratized interest income and lending platform accessible via a mobile app. Built on the belief that financial services should only do what is in the best interests of the community, Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR.
For additional information please visit www.celsius.network
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Blonde 2.0 for Celsius
KEYWORD: UNITED KINGDOM UNITED STATES EUROPE NORTH AMERICA
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS SOFTWARE PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Celsius Network
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PUB: 05/16/2019 09:00 AM/DISC: 05/16/2019 09:01 AM