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Tomasz Freier

Head of Compliance
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Tomasz Freier

Head of Compliance
Angels Den
tom@angelsden.com

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BAANX GROUP LTD. - Investment Opportunity

Baanx is creating an alternative to banking; a mobile bank with the functions you find in traditional banking, such as sort code / acct. number / IBAN, Visa/MasterCard Debit Card, Direct Debits, Faster Payment Systems - yet with additional Cryptocurrency & Blockchain features which enable easy use of multiple currencies with low FX charges, ability to pay anyone around the world very cheaply, as well as use the same Baanx Mobile App. in over 120 countries. Baanx has already launched Crypto features: lending, exchange, wallet. Baanx is on track for full bank functionality by February 2019 across 32 Countries, providing fiat bank accounts, Visa/Master Cards & direct debits.

THE IDEA
Products & Services

Crypto Insured Wallet - (no longer lose your private keys or be hacked). Insured to $100k
Visa/Master Debit Payment Card, spend Crypto & Fiat
Full Bank Account functionality combined with Crypto access - sort code / account number & IBAN
USD & EUR & GBP Currency Cards
Faster Payment System Integration
Cold Storage Cryptocurrency off-line storage for Institutional Clients
Baanx Loan Advance - use Bitcoin as security against loans
OTC desk - for high value Crypto purchases & sales
Baanx Merchant Services (buttons on websites to pay easily in Cryptocurrency)
B2B Brand Launching - using established brands to launch white label branded banks on Baanx Open API platform

Problem Solved

Baanx enables customers to use one banking application for all fiat / traditional banking and cryptobanking needs, with minimal or no fees.
Use the Baanx app across multiple currencies, one banking app for the world.
A real bank account with a debit card, combining low international payments, low cost banking with cryptocurrency features.
Baanx has seen a huge gap in the market for not just a B2C brand (Baanx), but a B2B service provider - we have millions of users lined up through partners to launch alternative Cryptobanking applications on behalf of (branded in their names) to capitalise on their brand loyalty and trust for this new expanding financial services world.

Revenue Model

- All ''wallet to wallet'/internal to Baanx platform transactions are free. We only take a small fee on transactions that 'leave' our platform (ie: exchanges, card purchases, etc
- Small Monthly Charge for VIP accounts.
- Exchange revenues
- Bank fees
- Loan/Advance products, and OTC- we charge interest, and a transaction/escrow fees
- Institutional Cold Storage- for VCs, HNW, Family Offices Hedge Funds, institutional investors. Monthly storage fee.
- Merchant Services (processing crypto to fiat) 'button' for websites, etc.- small transaction
- Baanx Token (expected close of token sale in 2019, exchange listing in 2019) will be used to pay for platform transaction costs by user base

Exit Strategy

Series A by or before September 2019 - £100m valuation once we have 100k+ users on our platform is expected (our actual estimate by late 2019 is 1m users through our decentralised B2C and B2B approach)

Token Sale, potential for early exit opportunity - get free 50% Baanx crypto tokens coverage for being an equity investor as a gift.

Exit by 2022 vaa an IPO or Trade Sale. Our unique white label B2B model will mean less churn, and long term contracts. Our expectation is 15-20m+ users by 2022. Current valuations are $1k/customers (Based on Coinbase, Revout, N26, Circle, etc. 2018 valuations). We should be expecting a valuation of over $2B by 2022.

Minimum Target £ 750,000 Maximum Target £ 1,000,000 Minimum investment amount £ 20,000 Maximum investment amount £ 1,000,000
Share On Website Visit site Location LONDON
Gallery
  • (Baanx Group Ltd.) gallery
  • (Baanx Group Ltd.) gallery

The Idea

Products & Services

Crypto Insured Wallet - (no longer lose your private keys or be hacked). Insured to $100k
Visa/Master Debit Payment Card, spend Crypto & Fiat
Full Bank Account functionality combined with Crypto access - sort code / account number & IBAN
USD & EUR & GBP Currency Cards
Faster Payment System Integration
Cold Storage Cryptocurrency off-line storage for Institutional Clients
Baanx Loan Advance - use Bitcoin as security against loans
OTC desk - for high value Crypto purchases & sales
Baanx Merchant Services (buttons on websites to pay easily in Cryptocurrency)
B2B Brand Launching - using established brands to launch white label branded banks on Baanx Open API platform

Problem Solved

Baanx enables customers to use one banking application for all fiat / traditional banking and cryptobanking needs, with minimal or no fees.
Use the Baanx app across multiple currencies, one banking app for the world.
A real bank account with a debit card, combining low international payments, low cost banking with cryptocurrency features.
Baanx has seen a huge gap in the market for not just a B2C brand (Baanx), but a B2B service provider - we have millions of users lined up through partners to launch alternative Cryptobanking applications on behalf of (branded in their names) to capitalise on their brand loyalty and trust for this new expanding financial services world.

Revenue Model

- All ''wallet to wallet'/internal to Baanx platform transactions are free. We only take a small fee on transactions that 'leave' our platform (ie: exchanges, card purchases, etc
- Small Monthly Charge for VIP accounts.
- Exchange revenues
- Bank fees
- Loan/Advance products, and OTC- we charge interest, and a transaction/escrow fees
- Institutional Cold Storage- for VCs, HNW, Family Offices Hedge Funds, institutional investors. Monthly storage fee.
- Merchant Services (processing crypto to fiat) 'button' for websites, etc.- small transaction
- Baanx Token (expected close of token sale in 2019, exchange listing in 2019) will be used to pay for platform transaction costs by user base

Exit Strategy

Series A by or before September 2019 - £100m valuation once we have 100k+ users on our platform is expected (our actual estimate by late 2019 is 1m users through our decentralised B2C and B2B approach)

Token Sale, potential for early exit opportunity - get free 50% Baanx crypto tokens coverage for being an equity investor as a gift.

Exit by 2022 vaa an IPO or Trade Sale. Our unique white label B2B model will mean less churn, and long term contracts. Our expectation is 15-20m+ users by 2022. Current valuations are $1k/customers (Based on Coinbase, Revout, N26, Circle, etc. 2018 valuations). We should be expecting a valuation of over $2B by 2022.

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