Block Earner

Block Earner

Portal to the future of finance. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$36m (Public information from Dec 2021)
Company register number 655090869
Sydney New South Wales (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues2.8m2.8m
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DateInvestorsAmountRound
-

N/A

-
*

AUD6.4m

Valuation: AUD56.4m

Seed
*

N/A

Seed
Total Funding$4.1m

Recent News about Block Earner

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Block Earner is an innovative Australian fintech company that aims to bridge the gap between traditional finance and the emerging world of decentralized finance (DeFi). The company provides a platform where users can buy, sell, and manage cryptocurrencies like Bitcoin and Ethereum. One of its standout features is the ability to borrow Australian dollars without having to sell your crypto assets, offering loans ranging from AUD 50 to AUD 250,000 within 24 hours. This service is particularly appealing to crypto holders who want to leverage their assets without liquidating them.

Block Earner primarily serves individual consumers who are interested in cryptocurrency and decentralized finance. These clients are typically tech-savvy and looking for alternatives to traditional banking and investment options, especially in an environment of low interest rates. The company operates in the burgeoning DeFi market, which is gaining traction as more people seek out blockchain-based financial solutions.

The business model of Block Earner revolves around multiple revenue streams. Firstly, it earns money through transaction fees when users buy or sell cryptocurrencies on its platform. Secondly, it generates income from interest on crypto-backed loans. Additionally, Block Earner has an affiliate program that offers uncapped rewards, allowing partners to earn a percentage of the fees generated by referred users. This incentivizes growth and expands the company's user base.

Block Earner's mission is to simplify and communicate the benefits of decentralized finance to everyday consumers, making blockchain technology more accessible and driving its mass adoption. The company is backed by notable investors and aims to expand its services beyond Australia to a global audience.

Keywords: Crypto-backed loans, DeFi, blockchain, fintech, cryptocurrency, Bitcoin, Ethereum, low interest rates, affiliate program, mass adoption.