Mutual Fund Bank (MFB) is a concept looking for an investor who would like to be part of development in an offshore bank. The concept serves to offer depository service, consumer lending, asset management and credit cards to retail customers worldwide. The model uses a proprietary banking software solution known as NexorOne. The software allows for creating customer accounts and profiles, managing fee structures and tracking revenues. MFB will use Earthport, a global financial services provider, as a cross border payment system due to their access to local banking in 50 countries. This allows clients to make deposits in a local account in their own country rather than to initiate a wire transfer by SWIFT. A few of the banks on Earthports network are Barclays, ING, Lloyds TSB, HSBC, Credit Suisse, ANZ, Unicredit, Nordea, ABN AMRO, CommerzBank and many more. Bankclear Trust Corp will be used as the clearing corporation which provides the ability to send and receive payments in 200 countries in 26 currencies.
There are many more details surrounding development and input from any investor would be welcome. At the moment I am the sole developer of the project and any investor would sponsor 100% financial interest. The investor will retain 75% ownership and I would retain the remainder. Profits will be made from interest derived from lending, banking fees, credit card interest and investments.
The minimum investment for this project is $1,500,000 USD. The investment cover the cost of website development/software integration, credit card development, marketing and licensing. It is anticipated that once funding is in place development should take no more than 60 days to be fully operational. All we need is customers. Marketing will include internet advertising and classified advertisements in well known publications (Barrons, Fortune, WSJ).
If you are interested in this project please send me an email. I will contact you as soon as I receive the inquiry.
Alternative to the proposal of development I am willing to sell this domain name for $17,500. MutualFundBank.com has not bee marketed (SEO or otherwise) so a new owner would be getting a clean domain name. For comparable domain sales go here: http://www.domaining.com/topsales/
I have sold domain names in the past and used Escrow.com as the transfer medium however I am open to other suggestions if a buyer should have an alternate method. The domain name is currently hosted on GoDaddy.com and transfer is easiest if you have a GoDaddy.com account (it's free) however it is not necessary. Please email me if you are interested.