More than 20 months in the making, AuBit is a new global financial system combining payments and institutional-grade investment products in one holistic ecosystem. The Freeway payment platform will provide retail and corporate users with bank accounts, debit cards, free international cash transfers and access to AuBit’s proprietary investment products, the first of which is the AuBit Unit (AuBits). The AuBit debit card will allow for cash withdrawal and payments for goods and services in over 50 million outlets and ATMs worldwide. Designed to be the ultimate growth asset, AuBits are backed by growing reserves of gold bullion and all-weather investment portfolios. Uniquely, trading activity and market demand directly lead to increasing underlying assets per AuBit Unit in both rising and falling markets, compounding annual growth. This is achieved through the patent-pending Growth Automation Protocol (GAP). AuBits are the first of many GAP investment products to be released via private placement with subsequent planned public offerings in approved jurisdictions*. AuBits straddle the old finance world and the new, uniquely compatible with traditional stock exchanges and cutting edge digital trading platforms alike. It is planned that funds and companies will be able to onboard to the Freeway platform and start benefiting from the growth mechanics, and its future regulatory umbrella, liquidity provision and active user base. The entrepreneurial founders have pulled together an impressive execution team, hailing from such prestigious backgrounds as Prudential Asia, HSBC, Fidelity, Universal Music Group, Heidrick & Struggles, Fluor Corporation, Standard Chartered Bank, Morgan Stanley, Credit Suisse and Barclays bank. More coming soon: https://aubit.io *The AuBit Team cannot guarantee when or if the regulatory approvals for the project would be obtained and when or if all planned features would be made available.
View Top Employees from AuBitWebsite | https://aubit.io |
Employees | 20 (20 on RocketReach) |
Founded | 2017 |
Technologies |
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Matthew Oxborrow is the CMO of AuBit.
20 people are employed at AuBit.