5
min read

A letter from the CEO

At Cabital, we want to simplify investing in the crypto world for the average investor.

I’m Raymond, and this is the story of why I started Cabital.

The Inspiration

A year ago, I received an email with the subject line “crypto?” from an old friend, Mark. He was thinking about investing in crypto and wanted some advice. We met up and talked for hours about his frustrations: How hard it was to invest in crypto, retirement planning, investment strategies, taxes, and more. 

He wasn’t the last. I’ve had other friends who want to enter into crypto investments, but were hesitant due to the crazy volatility of the crypto market. They aren’t the financial experts that are actively investing in crypto in the hope of great gains. Instead, they’re everyday investors who see crypto as a better alternative for investing their hard-earned money than conventional investment avenues like banks. 

My conversations with my friends convinced me that the world needs a simple solution to buy crypto safely and easily, where everyday investors can earn much higher dividends without worrying about the market’s volatility so that people can realise their financial freedom faster -- whether that’s retiring earlier, or buying a house.

And that’s the whole idea of Cabital. We simplify investing in the crypto world for average investors.

Introducing Cabital

We firmly believe that no one should be left behind when it comes to innovation in financial services. Our crypto products are designed for ordinary investors like you.

It’s for the school teacher who saves money to invest in her children’s future. Instead of earning close to zero dividends from her bank deposits, she’ll now earn a steady, sensible return that makes a difference to her finances. 

At Cabital, we want to remove the two major challenges new investors often face when investing in crypto.

First, there’s the cumbersome process of buying and selling assets. Everything is manual, requiring time and energy from people involved, and often multiple apps. Moreover, new crypto investors need to find solutions that let them buy crypto safely while navigating the hidden fees and costs that can consume their investment.

Comparison user journey with & without Cabital

Unlike existing players in the space that focus on providing services for existing crypto owners, we want to enable everyone to participate in the crypto economy. You’ll be able to convert your fiat assets into crypto assets and vice versa easily, through our integrations with licensed payment service providers that enable you to top up and withdraw Euro via SEPA, making it quick, certain and cost effective to join Cabital.

Second, there’s the volatility of the crypto market. There are many players actively promoting DeFi projects, staking coins to lure investors with high profits. Social media is full of stories of crypto fanatics and techies making 30-50% returns, but they’re taking huge risks on their asset values and spending all their time monitoring the market. 

There are options available for investors to earn a 5-12% return with minimal asset risks, but these aren’t presented to the general public. And that’s where we come in. We’ve done the research on DeFi investments for you, and we reinvest your assets into projects with third-party audited smart contracts. That means Cabital lends cryptocurrency to traders who are willing to pay a high interest rate for speculative trades, and you get a share of their trading profits. We only invest in extremely low risk projects, like over-collateralized lending platforms, where there are pledges to ensure the safety of your funds.

Earning difference bank vs Cabital

Cabital isn’t a typical crypto company. We’re not an unregulated exchange that offers crypto-to-crypto trading, where fortunes are made and lost overnight. As one of the few crypto players officially registered in an EU member state (company registration number 305748659)*, Cabital provides customers like you with a legitimate and sustainable way to earn up to 12% APY on your crypto holdings. We’ve designed a product offering that we’d use ourselves -- balancing duration, fee structure and risk control for the discerning investor who’s looking for stable returns on their long-term investment. 

Regardless of whether you’re new to crypto or you’re an experienced investor, you’ll find Cabital effortless and intuitive to use. You won’t find tons of features cluttering up your smartphone screen because we’ve built Cabital based on what our users want. And as we grow, your feedback will be critical in shaping the next stage of our product so you can continue building your wealth with Cabital in a crypto way. 

If you’re keen to try Cabital, you can download our app now on iOS and Android. Let me know what you think! You can reach me at raymond@cabital.com.

*Cabital is registered under the laws of the Republic of Lithuania as a cryptocurrency exchange operator and a cryptocurrency depository wallet operator, and carries out its activities pursuant to European AML/CTF principles and Financial Crime Investigation Service’s requirements.

This article has been prepared by Cabital Fintech (LT) UAB  (the “Company”) and is general background information about some of the Company’s activities at the date of this presentation.

This article does not contain all the information that is or may be material to you and should not be considered as advice or a recommendation to you in respect of the holding, purchasing or selling of digital assets and does not take into account your particular objectives, financial situation or needs. This article has been made to you solely for information purposes. This presentation may be amended and supplemented as the Company sees fit, may not be relied upon for the purpose of entering into any transaction and should not be construed as, nor be relied on in connection with, any offer or invitation to purchase or subscribe for, underwrite or otherwise acquire, hold or dispose of any digital assets, and shall not be regarded as a recommendation in relation to any such transaction whatsoever. The contents of this presentation should not be considered to be legal, tax, investment or other advice, and you  should consult with your own counsel and advisers as to all legal, tax, regulatory, financial and related matters concerning an investment in or a disposal of such digital assets and as to their suitability for you.

This presentation and its contents are proprietary to the Company, and no part of it or its subject matter may be reproduced, redistributed, passed on, or the contents otherwise divulged, directly or indirectly, to any other person (excluding the relevant person’s professional advisers) or published in whole or in part for any purpose without the prior written consent of the Company.

This article contains forward‐looking statements. Such forward‐looking statements involve known and unknown risks, uncertainties and other important factors. Certain forward‐looking statements are based on assumptions or future events which may not prove to be accurate, and no reliance whatsoever should be placed on any forward-looking statements in this article.

The information in this article has not been independently verified. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the presentation and the information contained herein and no reliance should be placed on it. Information in this article (including market data and statistical information) has been obtained from various sources (including third party sources) and the Company does not guarantee the accuracy or completeness of such information. 

Raymond Hsu

CEO of Cabital

Raymond’s 10 years of experience holding leadership positions in fintech companies and banks inspired him to democratise digital currency financial solutions with Cabital.