Spondula Offshore Bank - let's discuss anyone using them?

blueweb

Corporate Services
Business Angel
Mentor Group
I see a member around here with a signature link Spondula Offshore Bank - the service claim to be registered as Financial Service company or what?

See below:
spondula.png

Spondula Limited is a company registered in Dominica. Spondula Ltd is part of the iBank Group and regulated as an international bank by the Financial Services Unit of the Commonwealth of Dominica (FSU).
Beside that I would like to know if someone has used this service and what are your thoughts about it?

There are no contact details at all and I can't find any license number or anything about this service.
 

Sols

Trusted Member
Business Angel
I'd avoid like it were plague.

They claim to be a part of iBank, which is a licensed offshore bank in Dominica. I want nothing to do with Dominican banks, even less dodgy offshoots. And even less an offshoot whose connection to the parent is entirely unverifiable. There is no mention by iBank that they offer/run/operate Spondula.

The domain name and Facebook page were created less than a week ago.

Everything about it looks terrible. No self-respecting bank would launch something this ugly today. Bright red on bright blue? Who's their designer? Does MS Paint have a random function I wasn't aware of?

High risk of being a scam just to harvest identities.
 

Spondula

Offshore account you can open from your phone
Mentor Group
The main website is in development, as is the app. The current site is nothing more than a placeholder. We are not advertising anywhere yet.

Nor are the services on offer currently, as the app is not done yet.

Please hold your judgement until the product is ready!
 

Spondula

Offshore account you can open from your phone
Mentor Group
Is this a fully licensed operation? If so, where is the license number? I'm asking because Im always looking for new opportunities but they need to be real.
Hi, iBank is a fully licensed bank by the FSU in Dominica (Offshore Banks - Financial Services Unit). Spondula is the trading name of the app that we are developing. Before the launch and when actual advertising starts it'll all become crystal clear to those interested.
 

GiGoGo

Building Trust
Entrepreneur
Mentor Group
Just curious to know why would you open an account in Dominica if they are going to join CRS
 

Spondula

Offshore account you can open from your phone
Mentor Group
Just curious to know why would you open an account in Dominica if they are going to join CRS

Have you seen the list of non participating countries?
 

challenge

Thrustswiththe Member
Entrepreneur
lol these "banks" spring up like mushrooms these days!
domain registered 2019-11-26, first ever post on facebook 2019-12-03, first post on here straight away the same day? coincidence for sure!
 
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