During October iban Wallet was among the most discussed platforms in the industry, and not for good reasons. As you remember, when reviewing the platform I highlighted the lack of transparency about the financials, operations and business structure of the entire organization.
Kristaps Mors took the research seriously and you can read the results here:
As always, I appreciate the work done by Kristaps. I reach out to iban Wallet for a comment, but received an empty reply. A serious company takes this type of publications seriously, addressing the information and sustaining their position based on facts. Not answering is in itself an answer.
I decided to close my open position on the platform, and warn caution to any investors.
Over the next few days I will stop promoting the platform on the blog and just wish that future communications from the company are able to answer all questions raised in a simple, transparent and productive manner.
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