Interesting interview with Sergey Romanovsky, founder and CEO of Nebeus. Sergey Romanovsky founded London-based Nebeus in 2014 with a vision of creating a secure user friendly one stop financial services platform providing integrated crypto-fiat products to customers in Europe. Right now Nebeus is one of the leading providers of crypto based services in EU. Based in Barcelona, Mr. Romanovsky holds a degree in organic geochemistry from Novosibirsk State University and an MBA in Finance and Financial Management Services from Higher Commercial Management School.

Why did you create your company, what need does it fulfill?

I founded Nebeus in 2014 because I saw a clear need for a digital financial platform in Europe that would allow cryptocurrency holders make better use of their assets. And we have been successfully helping our customers merge crypto-fiat needs since then.

Say you are a crypto miner, or you were paid in Bitcoin or Ethereum for something – the service you have provided, you won a gaming tournament, or you simply bought some crypto as investment and its currently sitting in your CRYPTO wallet somewhere. But you still need cash for your everyday needs. That’s where Nebeus comes in.

Usually, any type of Crypto to Fiat conversion takes time – you need to sell it in one place, then you wait till it gets deposited – there are often delays. Nebeus circumvents all that. Our services, such as crypto backed loan programs, high yield savings accounts, crypto exchange and quick withdrawals to a card, are all specifically tailored for people who have CRYPTO but need liquidity now.

Why Nebeus is one to watch, Sergey Romanovsky

How does Nebeus help crypto holding clients?

I would say we have built our loan programs to be very popular. And there is a reason for that – we have done a lot of work to make sure our customers borrow from Nebeus with confidence. We are one of very few companies that have 2 loan options, both with pretty high loan to value ratios compared to other providers on the market. And both with interest rates significantly lower than a conventional short term quick loans outlets on the market charge.

Many consumers are realizing now that they can use crypto as collateral and get a loan with interest rate 10X lower than they would get from a brick and mortar quick loans provider. And as far as the LTV Nebeus offers – most crypto lenders try not to go much above 60%LTV to minimize their own risks. But we understand that when people use their assets as collateral on a fair market, they should be able to get a fair offer against it. So we made sure we can provide high LTV ratio while still being able to manage customer risks of a margin call should their crypto pledge fall in value.

We have developed our own proprietary Loan Health Monitor that allows our customers see the condition of their loans in relation to the collateral pledged in real time. If crypto prices dip dragging down the overall value of the collateral – the customer is instantly notified so they can address the issue. With Loan Health Monitor in place Nebeus users can benefit from our 80% LTV loans while being confident that they are in full control of what is happening with the loan.

What does Nebeus do to anticipate the needs of its customers?

We listen. We are a consumer driven business after all so try to offer services that blend into our customers life and make it easier. While loans are one of the big services we provide, this is by far not the only function our clients are looking for. So along with providing crypto backed loans we offer several other financial products that are growing in popularity. One of them is high yield savings accounts that allow our clients receive monthly dividends of up to 8.25% from their crypto. Just as with loans, we are one of very few companies that offer choices.

We offer two types of savings accounts based on the length of time and the minimum you would like to keep. Our Evergreen Savings (open with min 0.35 BTH or 18 ETH) delivers an amazing 8.25% annual interest earned and deposited in Euros in your Nebeus wallet MONTHLY and ready for immediate transfer. And if you want to give Crypto Savings a try but don’t want a big commitment? Then our clients can try our Rock Star Savings account (min 0.006 BTC or 0.3 ETH, earn 6.45% APY in your Nebeus wallet.)

With either one customers’ APY is drastically different than that of a conventional bank. The interest is credited monthly to client’s Nebeus wallet, ready to be transferred to a card and used with no additional strings attached. That alone is a clear advantage to keeping your money in our crypto high yield savings.

Being a Nebeus customer comes with some nice free perks, like free cold vault storage feature we offer to our clients for crypto they want to store long term.  If you don’t need a bulk of your crypto for daily operations and want to eliminate the worry that your assets could be hacked then our Cold Vault is just the right place.

And of course, our exchange and money transfer service that allows our customers seamless money transfers between Nebeus community members. There is no longer a need to first exchange, then withdraw, then transfer in three separate steps often using three separate companies. Nebeus allows all those transactions happen quickly from a single point of log in.

To make it even easier and more worry free – we just added Top up with Card feature and with that now our clients are able to add euros, pounds or dollars to their Nebeus account simply by using their Mastercard. From their they can use those funds for loans repayments or to buy more BTC or ETH to add to their crypto holdings.

What differentiates Nebeus from others?

We allow all the services you need on one platform. We see our primary value to our customers in allowing them to maximize their crypto potential whether they want to keep it and need liquidity or if they want to exchange it and get cash that way. A lot of companies focus on digital currency these days, but what we provide and the speed with which we provide our services – I am proud to say – not many can claim that.

We are often talking minutes between applying for a loan and getting cash on hand, or the ability to withdraw monthly interest from your savings, or the time between exchange and getting cash to your card. Those are important services and we have mastered them.

In fact, to make our platform even more customer friendly, we just unveiled a brand new interface that shows our customers everything going on in their Nebeus wallet on one screen so they can make quick decisions and implement them just as quickly. It’s a new upgraded technology that further secures the safety of our clients’ transactions while making the experience simpler than before.

How did Covid 19 change your business?

I strongly believe that what Nebeus has to offer is what financial services of the future would look like. Digital currency allows people transact without borders. During Covid-19, when the entire planet was and still somewhat is on quarantine, many found crypto based services even more useful. And the fact that our customers could get cash, or transfer funds, all from one log-in on Nebeus platform made our services only that much more relevant.

As a testament of the importance of blockchain based financial services, in April Nebeus closed its first significant financial round with a new fintech fund from ex-Kite Ventures. The need is there, and we are working to anticipate its growth.

Nebeus is a European company. What Fiat currencies do you provide right now?

We operate in over 90 countries and just added Pounds and Dollars to our functionality. So while Loans given and APYs are paid out in Euros, once the money is in customer’s wallet, before completing a transfer to a card Nebeus customer now has an option to select other currencies and then money will be immediately converted and sent in that currency.

What are your growth plans going forwards?

With the launch of our new upgraded product interface we were able to add more services and features on a regular basis and when we get additional licenses, we would be able to expand further both geographically and functionality wise. We are launching a very interesting “Refer a Friend” program that would reward BOTH – a referring customer AND a friend who signs up. And we will have some of the best terms on the market.

I would like to invite everyone to come to https://nebeus.com/ and see for themselves how we can help, whether it’s getting a loan, opening a high yield savings account or just transferring money to another Nebeus community member all in one place.

More about Nebeus

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Founded in 2014, today Nebeus offers its customers a variety of trusted financial services that allow them to unleash the full potential that their cryptocurrency has to offer. Our customer base ranges from seasoned crypto users to “new to the crypto market” consumers looking for flexibility the new blockchain financial services provide. After setting up a NEBEUS account in a few simple steps you can securely convert digital assets to fiat and transfer funds through a bank card.

Nebeus also allows users to receive loans safely backed by their Bitcoin and Ethereum assets held in their Nebeus account. Its high yield savings account offers higher interest rates than traditional banks. The upcoming enhanced customer interface will add new features to expand the range of services, making it more convenient for customers to execute most of their financial transactions. New Nebeus mobile app is soon to follow.

Nebeus is not a basic Crypto lending platform at all. Instead we provide a wide spectrum of integrated crypto-fiat services to address both your every day and long term financial needs.

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