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Peer2Peer Finance News | September 16, 2019

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JustUs boss eyes global expansion as part of Amsterdam trade mission

JustUs boss eyes global expansion as part of Amsterdam trade mission
Marc Shoffman

JUSTUS chief executive Lee Birkett is hoping to expand his peer-to-peer lending platform throughout Europe as he takes part in a government trade mission to Amsterdam next week.

He is the only peer-to-peer lending boss on the list of fintech firms taking part in a department for international trade trip next week where he will be presenting his BiPs crypto token network – powered by JustUs technology – to international investors and delegates.

“We will be talking to people about raising capital and joint ventures,” Birkett told Peer2Peer Finance News.

“I am hoping to come back with global investors and business partners to do deals with.

“I would love nothing more than to have JustUs operational throughout Europe and the rest of the world.”

Read more: JustUs introduces auto-buy feature

The BiPs token network allows users to transfer funds using blockchain technology to each other around the world.

Liquidity is provided on the network through purchases of assets such as loans on the JustUs platform.

Companies have to apply and be approved by the government to take part on the trip.

Others on the mission include workplace pensions provider Smart Pension and analytics firm TradingHub.

P2P lenders have been involved in previous government trade missions.

In 2016, RateSetter and Crowd2Fund were among the UK fintech firms on a trade mission to Singapore.