Eqitrade Convertible Note Offering Increased to $2mm following over-Subscription of Initial Offering

San Francisco-based US Capital Global Securities has increased the size of its private placement offering for a global digital bank, following strong investor interest.
By: US Capital Global
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July 16, 2020 - PRLog -- US Capital Global Securities LLC, an affiliate of US Capital Global, is increasing its convertible note offering for EQITrade Limited ("EQITrade") to $2 million, in response to sustained interest in the opportunity, which led to the initial offering being over-subscribed.

EQITrade's subsidiary, EQIBank Limited ("EQIBank"), is aleading digital bank for businesses and high-net-worth individuals, providing 24/7 cloud-based banking in multiple currencies to 180 countries and territories, and unlike its competitors, its services are offshore and tax-exempt. Combining a low-cost global banking network with real time insights, EQIBank provides multi-channel and scalable core platforms offering streamlined on-boarding, simple user interfaces, and end-to-end solutions with a strong focus on client experience.

Headquartered in San Francisco, US Capital Global is a full-service private financial group with an established track record in corporate finance, asset management, and capital formation services. All private placements, securities, and other related services are offered by the group's FINRA-registered broker-dealer affiliate, US Capital Global Securities LLC.

"It's immensely encouraging that the convertible note offering for EQITrade has been oversubscribed, and we are thankful to have US Capital Global Securities as our lead placement agent," said Jason Blick, CEO at EQITrade Limited. "The additional financing being raised will allow us to channel more resources into further developing our services, as EQIBank continues to pursue its mission of ushering in a much-needed evolution in the global banking industry."

"We are not surprised that EQITrade's convertible note offering has attracted such a positive response," said Charles Towle, CEO at US Capital Global Securities. "This market-disruptive FinTech firm is making waves in the international banking arena. EQIBank is the world's first digital, tax-exempt global bank for businesses and high-net-worth individuals, and we feel very optimistic about its future and the positive changes EQIBank is bringing to the industry. The opportunity to participate in this $2 million convertible note offering is now open to eligible investors."

Vanessa Guajardo
US Capital Global
555 Montgomery Street, Suite 1501
San Francisco, CA 94111

Read more: https://www.pressreleasepoint.com/eqitrade-convertible-note-offering-increased-2mm-following-over-subscription-initial-offering
Tags:Wealth Management
Location:United States
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