Haha, its strange to make a statement about business model making no sense because they actually make money from it, at least for now. This, is only 1 billion dollar industry for now, but I believe its going to expend much more in the next year or so.
There are lots of competition with all...
Oh, sorry, I made a mistake, don't kill me for that.
Why are you so aggressive? :D
At the end, It's their business lets leave them alone... otherwise it seems we know something about their business that they don't smi(&%
Actually the question was about swiss bank opening an account for Estonian company :)
But if we already talk about their business model - they never "scream", they sell your collateral (or part of it) with something like 15% above your "liquidation" price, thus they never lose their money...
Hey folks.
Just discovered that nexo .io, crypto loan company registered under Estonian law uses Swiss bank account to accept payments, in particular InCore Bank AG
Does anyone hear anything about InCore Bank AG?
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