Constant, the alternative financial services platform launched earlier this year, having its headquarter in California, has recently collaborated with HB Wallets’s Bacoor Inc. Bacoor Inc. is a company dealing with Ethereum, Smart Contracts, and Tokens. HB wallet is a renowned Ethereum wallet in Japan under Bacoor Inc. It has obtained vast popularity in just two years, with over 270,000 downloads across big platforms like Android, iOS, Windows and Mac. The HB wallet users can buy cryptocurrencies by the single swipe of their credit cards or ETH tokens. Apart from this, the HB platform also allows users to receive airdrops free or even chat with other Ethereum users online.
The partnership focusses on allowing the HB wallet users to borrow and lend Constant’s P2P lending platform within the user interface of the HB wallet. The partnership will continue to expand Fintech integrations and market collaborations. Talking about this alliance, Zon Chu, the CEO at Constant, remarked,
We’re looking forward to introducing Constant’s platform to HB’s forward-thinking community. Constant users normally earn a generous 10% APR on every investment they make and we’re delighted to have the opportunity to offer that for HB users too.
The CEO of HB wallet, Haruna Yukio, said, “We appreciate the work and speedy execution by the Constant team to set up the integration with HB wallet. We look forward to further collaboration with their stellar team of engineers and scientists to develop more financial products on HB Wallet.”
The partnership is aimed at bringing out the financial systems (that are still under the bottlenecks characterized by exclusivity and closed-door operations) into a world of smooth and secure operations. These inefficiencies of the traditional financial systems need to be wiped out of the economy. This partnership is expected to bring in a smooth lending and borrowing system that is devoid of any centralized approach.