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Darqube

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All-in-One platform for smarter investing, analytics, automated trading and secure messaging

140%
 - 
Funded 25 Jul 2020
£300,006 target
£461,811 from 599 investors
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Business overview

Location London, United Kingdom
Social media
Website www.darqube.io
Sectors Finance & Payments Digital Mixed B2B/B2C
Company number 12197411
Incorporation date 9 Sep 2019
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Investment summary

Type Equity
Valuation (pre-money) £7M
Equity offered 5.68%
Tax relief

EIS

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Business highlights

  • DISRUPTIVE trading analytics across 120K+ financial instruments
  • INTELLIGENT algo-trading Bots with NO CODING required
  • SMART messenger tailored for the global financial community
  • INSTITUTIONAL-QUALITY insights and financial research
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Key features

  • Secondary Market
  • Nominee investment min. £14.00 +

Idea

Introduction

The world is changing. So is investing. In an uncertain and ever-changing world, Darqube redefines the way retail investors make their investment decisions.

90% of day traders lose money, and one of the reasons is the lack of access to technology. We believe that the tools available for retail investors are insufficient for making qualified decisions, while professional platforms used by financial institutions are too expensive. Also, algorithms are believed to be responsible for around 80% of trades in the financial markets. Thus, to generate profits consistently as Wall Street tycoons, it's our view that retail investors need to be equipped with institutional-grade analytical, risk management, research and trading tools.

Darqube was made to fill this gap. Our mission is to equip everyone – from novice to experienced investors – with the cutting-edge technology and insights they need to make better and smarter investment decisions.

In uncertain times and volatile markets, opportunities may be waiting. Darqube allows you to seize them.

Substantial accomplishments to date

Incorporated in September 2019, Darqube reunites a team of reputable experts and talents in various areas such as trading, research and technology.

Since then, Darqube team has achieved the following:

• Launched Terminal (December 2019): Comprehensive trading analytics platform used to simplify your investment asset selection and trading decision across global cross-asset markets including crypto, forex, stocks, commodities, ETFs, funds and bonds.

• Launched TradeLab Beta (February 2020): Algorithmic trading platform where you can build and market profitable trading algorithms with no programming skills required. Invest using advanced trading bots with one click of a button and let them work for you 24/7.

• Launched Messenger (March 2020): The messaging platform tailored to the needs of finance enthusiasts. Create and join verified trading communities, place calls, follow customizable News and Twitter events, and share your trade ideas securely with a global financial community.

• Reached 5,000 Monthly Active Users ( June 2020) : As retail investors spend more time at home, Darqube has strong month-on-month userbase growth and sees an average of 70-100 new members signing up each day.

• Darqube has caught the interest of global media outlets, being featured in a number of publications (including the Business Insider, Yahoo Finance, MarketWatch, SeekingAlpha and Benzinga) as a game changing fintech startup.

Monetisation strategy

Access to our range of products is currently free. This offer however is limited. In the near future, we plan to introduce premium paid plans and the following revenue streams are intended to form part of this:

• B2C Revenue Streams:

1. Terminal - monthly subscriptions to premium plans including access to advanced tools, institutional-grade insights, research, data and other premium features

2. TradeLab - trading commissions from bots, sales commissions from marketplace bot providers.

3. Messenger - commissions from subscriptions to private trading communities

4. Data - monthly subscriptions via API access to news feeds and institutional-quality fundamental and historical data for 120K+ financial instruments

• B2B Revenue streams:

5. White and grey label solutions licensed to brokers and investment managers. Darqube has received interest and we are in discussions with financial institutions from Europe and the US.

6. Advertising - revenue from in-app adds from partners, financial brokers

Use of proceeds

We are growing fast and plan to bring Darqube globally. We are also working on a range of new products and features that we can't wait to reveal. To achieve this, the raised funds will be used for:

1. Growth and User acquisition (40%) - Our target is to achieve 100K users by end of 2020. Raised funds will help us to scale our userbase in line with our global growth strategy by increasing our budget for marketing, partnerships, PR and communication.

2. Product improvement (25%) - Our priorities are launching the full version of our TradeLab platform and continuously improving our range of products. Raised funds will enable us to bring these forward.

3. Team expansion (25%) - the proceeds will enable us to hire additional key hires, including tech resources to speed up new platform releases and a dedicated team for 24h customer support.

4. Operating costs (10%) - running costs, regulatory and accounting costs.

This will pave the way for our Series A, which we expect in early 2021.

Key Information

Debt

Please note, there is a current outstanding directors loan balance of £132k, which accrues no interest, and with no specific encumbrance for the company to repay.

Darqube is likely continue to be funded via further loan contributions from the founders until the proceeds of the fundraise are received.

The proceeds of this fundraise will not be used for the repayment of debt, including outstanding directors loans.

SEIS & EIS

Please note, the company has its full SEIS allowance available for this round. The first £150k invested in this campaign will be eligible for SEIS relief. Further investment will be eligible for EIS relief only.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

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Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This webpage has been approved as a financial promotion by Seedrs Limited (trading as Republic Europe) ("Republic Europe"), which is authorised and regulated by the Financial Conduct Authority with firm reference number 550317. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Republic Europe platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Republic Europe platform. All investment activities take place within the United Kingdom, and any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Republic Europe does not make investment recommendations to you. No communications from Republic Europe, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Republic Europe does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Republic Europe, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from £7,000,000

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

The investee business is responsible for setting its own valuation, it has not been prescribed by Seedrs.

Pitch type

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

Learn more about pitch type on Seedrs

Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Seedrs campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

Learn more about investing and pre-emption rights.

Nominee investment

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Nominee investment.

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Custodian

If you invest in this Campaign, Seedrs will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Seedrs will not benefit from any rights under a shareholder agreement. As a result, Seedrs will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

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Direct investment

This is an option to invest and hold shares 'directly' in the company (rather than via the Nominee investment). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

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Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer, using funds in your investment account or create a Pay by Bank payment. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Seedrs. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Security Token

A security token is a digital asset that represents ownership or other rights. It is a digital form of traditional investments. In the future, you may be able to trade your investment through compatible exchanges.

Warning

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None of the information in constitutes part of the campaign and it has not been approved or reviewed by Seedrs.

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