FQX Brings Companies’ Debt Funding to the Blockchain
- Juan Diego Parra Castillo
- 2 days ago
- 4 min read
This blog post first appeared first on old medium publication (https://medium.com/startuprad-io), and was moved to this blog with the relaunch of our website in summer 2024.
This article is part of our coverage of Scaleup Founder Interviews from Germany, Austria, and Switzerland.
Executive Summary
This blog post first appeared first on old medium publication (https://medium.
FQX is a Zürich, Switzerland-based fintech with great aspirations.
We are always sharing new resources with you.
We want to make sure that we provide what’s best for your growing team, so please look at these additional ways in which can help!
A startup’s journey can be a tough one, but it doesn’t have ́to feel like you’re alone on your quest!
New Blog
FQX Brings Companies’ Debt Funding to the Blockchain Startuprad.io brings you independent coverage of the key developments shaping the startup and venture capital landscape across Germany, Austria, and Switzerland.
This blog post first appeared first on old medium publication (https://medium.com/startuprad-io), and was moved to this blog with the relaunch of our website in summer 2024.
We want digital debt to be registered, issued, transferred, and eventually traded on our infrastructure.Benedikt Schuppli, Co-Founder and Co-CEO of FQX
Executive Summary
FQX is a Zürich, Switzerland-based fintech with great aspirations. They want to digitize company debt and this digital debt to be registered, issued, transferred, and eventually traded on their infrastructure.
Promissory notes are known around the financial world. These instruments are fairly standardized. So, if you put this on a blockchain, you have an extremely powerful financing tool.Benedikt Schuppli, Co-Founder and Co-CEO of FQX
Subscribe Here
We are always sharing new resources with you. Find all our options below.
We want to make sure that we provide what’s best for your growing team, so please look at these additional ways in which can help!
We believe, that in the future, a company will only have one basic financing instrument, a digital blockchain-based IOU. … That is what we offer with our eNotesBenedikt Schuppli, Co-Founder and Co-CEO of FQX
Our Sponsor Startupraven
A startup’s journey can be a tough one, but it doesn’t have ́to feel like you’re alone on your quest! Invest in others’ success with us by joining our community of entrepreneurs who are building amazing things every day — no matter how big or small their ideas may seem at first glance.
The best way to find investors and cooperation partners for early-stage startups. Sign up here:
Much of the financial world is more complex than it needs to be. We believe in simplicity, decentralization, and digitalization.Benedikt Schuppli, Co-Founder and Co-CEO of FQX
The Video Interview is set to go live on Thursday, June 2nd, 2022
Sorry, there was a technical glitch and we had to re-upload again. We are sorry about that.
The Audio Interview
You can subscribe to our podcasts here.
The Founder
This time we interview Benedikt Schuppli (https://www.linkedin.com/in/benedikt-schuppli/), a founder from Switzerland. He is the co-founder and co-CEO of FQX (https://fqx.ch/), a fintech startup from Switzerland offering electronic IOUs. Benedikt is a lawyer by training but took his first job after graduating with a Swiss fintech pioneer named Lykke as Chief Legal Officer. He there realized he wanted to be an entrepreneur and co-founded a smart contract startup called Lexon.
The Startup
FQX (https://fqx.ch/) is a blockchain startup based in Zurich, Switzerland. Their primary offering is the eNote. An eNote™ is an unconditional promise to pay a specific sum to another party at a specific future date and can be modularly structured to fit any financing purpose. The eNote™ is based on blockchain technology and can be easily transferred to any third party (i.e. an investor). When compared to other financing tools, eNotes™ excels through its modularity and global transferability, based on a standardized legal framework. With this, eNotes can improve CeFi and DeFi-lending. Single eNotes are stored as NFTs on a blockchain. By issuing multiple eNotes as SFTs, an issuer can obtain financing in a way comparable to commercial papers. With this, they have set their sights on the 100 trillion US$ global bond market.
Venture Capital Funding
Investors now include Earlybird Ventures, SIX FinTech Ventures and several business angels. They have raised 6.7 m US$ so far.
The startup is looking for another fundraising in 2022 — at the time of the interview (March 2022).
Tune in to our Internet Radio Station here:
Further Readings / Additional Resources
Lombard Credit https://en.wikipedia.org/wiki/Lombard_credit
Money Market https://www.investopedia.com/terms/m/moneymarket.asp
Feedback
We are always looking for ways to make the show better. Please take this opportunity and share your feedback with us! You can also suggest topics or interview partners that you’d like featured on future episodes by leaving a comment below — we would love to hear from YOU!!!
The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him:LinkedInTwitterEmail
Keep Up to Date
Here is our publication calendar:
Key Takeaways
FQX (https://fqx.ch/) is a blockchain startup based in Zurich, Switzerland.
This article covers a significant development in the DACH startup and venture capital ecosystem.
The DACH region (Germany, Austria, Switzerland) continues to be one of Europe's most dynamic startup markets.
Frequently Asked Questions
What are the key facts about Brings Companies’ Debt Funding Blockchain?
This blog post first appeared first on old medium publication (https://medium.com/startuprad-io), and was moved to this blog with the relaunch of our website in summer 2024.
How does this affect the German startup ecosystem?
FQX (https://fqx.ch/) is a blockchain startup based in Zurich, Switzerland. Their primary offering is the eNote.
What are the latest startup funding trends in the DACH region?
Startuprad.io tracks venture capital and startup funding across Germany, Austria, and Switzerland. Explore our pillar coverage pages for the latest data.
About the Host
Joern "Joe" Menninger is the host of the Startuprad.io podcast and covers founders, investors, and policy developments across the DACH startup ecosystem. Through more than 1,300 interviews and nearly a decade of reporting, he documents the evolution of the European startup landscape. Follow Joern on LinkedIn.
Comments