Integrated Ventures Acquires CreditCalc Loan Calculation Platform To Fast Track The Development of LoanFunder
February 07 2018 - 9:35AM
InvestorsHub NewsWire
Integrated Ventures
Acquires CreditCalc Loan Calculation Platform To Fast Track The
Development of LoanFunder
Philadelphia, PA
-- February 7, 2018 -- InvestorsHub NewsWire --
Integrated Ventures Inc. (OTCQB: INTV)("Company")
is pleased to announce that it has acquired CreditCalc from ITBS,
LLC, a high-end loan management and calculation platform. This
stock based transaction is expected to fast track
the
development lifecycle of Company's blockchain based
lending platform - LoanFunder.
CreditCalc, created in 2010
by ITBS team, currently powers www.banker.ua and handles an estimated
2,000 users on monthly basis while averaging 200,000
daily visits and generating over 600,000 page
views.
The
loan calculation platform is a scalable solution and can be
configured to factor in all the features of a given market
conditions, capable of offering users a detailed summary of all
applicable fees, repayment options and
schedules.
CreditCalc
allows lenders
and borrowers to perform complex calculations related to all types
of loans including business loans, car loans, mortgages and other
financial instruments. In addition, it offers users an access to
the custom credit programs and ability to shop and compare for
different types of loan products.
"Our team has performed the
standard due diligence and beta testing of the CreditCalc and came
to the conclusion that
by acquiring this platform, the Company will be able to fast
forward the launch of the LoanFunder," said
Steve Rubakh, CEO of Integrated Ventures. "This
acquisition is expected to significantly
accelerate the development of our blockchain based loan platform
and to obtain an extensive and valuable database of lenders and
borrowers."
About Integrated
Ventures Inc: Integrated Ventures is focused on launching
and operating companies in the digital currency
sector:
- BitcoLab crypto
currency investing and mining
- Nemesis
manufacturing & sales of GPU mining rigs and
equipment
- LoanFunder -
blockchain based loan management
platform
- MMC mobile mining
centers
For more details, please
visitwww.integratedventuresinc.com.
About
LoanFunder: The
world's first financial platform,
designed to integrate with a decentralized and encrypted lending
ledger, which offers a secure, efficient, verifiable and permanent
way of storing loan related information.
About
www.banker.ua: Ukraine's
leading financial portal focused on providing of banking related
information and custom loan management services. Features
comprehensive
information about major Ukrainian Banks, their corporate
structures, connects users with the best funding deals, offers
banking services and discusses the latest financial news around the
world.
***About
Cryptocurrency Investments &
Risks***
Integrated Ventures
urges all current and potential
investors to visit: (1) SEC website: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11,
(2) NASAA website:http://www.nasaa.org/44073/nasaa-reminds-investors-approach-cryptocurrencies-initial-coin-offerings-cryptocurrency-related-investment-products-caution/
and (3) FINRA
website:https://www.finra.org/investors/highlights/dont-fall-cryptocurrency-related-stock-scams
to
understand the risks involved
in cryptocurrency investing.
Safe Harbor
Statement:
The information posted in
this release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
You can identify these statements by use of the words "may,"
"will," "should," "plans," "explores," "expects," "anticipates,"
"continue," "estimate," "project," "intend," and similar
expressions. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from those projected or anticipated. These risks and uncertainties
include, but are not limited to, general economic and business
conditions, effects of continued geopolitical unrest and regional
conflicts, competition, changes in technology and methods of
marketing, and various other factors beyond the company's
control.
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