Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

i-Deal Corp's platform proves its versatility as new usage soars

“All we provide is the platform. We don’t transact, we don’t own any content and don’t get involved"
I-Dx brings companies and investors together

i-Deal Corp has seen a surge of new users following the opening of its i-Dx platform to private companies and initial coin offerings or ICOs.

Established as a way for listed companies and investors to communicate without the need for intermediaries, the recent direction of the platform has been a pleasant surprise, according to founder Luca Tenuta.

WATCH: i-Dx platform now has more than 1,600 participants says i-Deal Corp's Tenuta

Even intermediaries – such as investment banks or corporate brokers - have realised the appeal of i-Dx and have started to use it as an additional way of raising money for their clients.

Tenuta says he always appreciated the benefit of private/public companies seeking funds by remaining anonymous until investors approach them directly to request more information.

He didn’t foresee the intermediary appeal, though now he gets why broking firms, private clients firms, nomads, investment banks and so on would like it.

As examples of i-Dx’s growing reach, he cites a Chinese investment adviser that is testing the platform for some of its clients as a way to raise money in Europe.

“So, basically this particular intermediary is registering on i-DealCorp’s sell side and with the blessing of the client is putting out anonymous postings related to the client’s business on the i-Dx dashboard to raise money or find partnerships for them.

“A good diversification to enlarge the network of the adviser and increase the chances of completing the capital raise faster and with a wider international investors’ community.

“Clients still get the money, while the intermediary gets a fee and enlarges its network.”

Activity surges

Tenuta admits this is an interesting turnaround from the original intentions, but activity has surged by 50% since January’s move to widen the reach of the platform and i-Dx’s participants now number more than 1,600 investors and companies and includes P2P Lending funds.

Listed and private companies, cash shells and start-ups have successfully started to raise money and increase awareness of their operations and targets, while businesses undertaking ICOs or token sales are also now flocking to i-Dx.

“All we provide is the platform. We don’t transact, we don’t own any content and don’t get involved once the sell side and the buy side are in communication.”

So, if different types of groups use it and everyone is happy, why interfere.

i-DealCorp was born as a communication platform to fill a gap between investors and companies, so for it to be used in other ways is a natural development.

“We are a communication company not an investment business, not crowdfunding, not involved in financial promotion or raising money.

“We just enhance the voice of buy (investors) side and the sell (companies/advisory firms) side.

“The platform can empower both sides. If people want to spin it in a different way and generate more avenues to communicate and do business, that’s fine. We don’t get involved.”

Use of the platform is free

Tenuta says i-Deal Corp is happy for now to bear the costs of the KYC certification process for the sell side – upon registration, a company will need to receive approval by i-Deal Corp and be validated before using the features of the platform.

Prospective investors need to be verified by the company, where i-DX assists by allowing it to communicate with the investors while remaining anonymous through the use of DealBox (i-Deal Corp’s peer-to-peer encrypted communication system).

A good example of a company benefiting from i-Dx is Parkify, a Spanish start-up that allows parking space owners to rent them out, which is using the platform to find investors for development capital.

Parkfy a good example

“Parkfy is a beautiful concept and scalable business model and with i-Dx, we strongly believe that the company will find the development capital they require as well possible partners/investors willing to expand Parkfy in other countries.

“It might also a good target for a reverse takeover,” says Tenuta. 

But i-Dx is not just for businesses wanting money, increasing their visibility or looking to team up with foreign companies and investors.

Recently a ‘major oil company’ started discussions over using the platform to scour for producing oil assets.

Tenuta can’t say who it is yet, but once the deal is completed and the company confirmed, he expects oil and gas companies with production or possible production assets to be posting on i-Dx’s placing board and news board like a ‘corporate Gumtree’.

The board of i-Deal Corp is also in advanced conversations with law firms with an international footprint.

“Law firms today are also assisting their clients with introductions to possible partners (already clients of the firm), functioning as a sort of M&A advisory firm”.

The platform will be another tool for them to search for potential clients or targets for their existing clients.

Last but not least, i-Dx is in discussions with a Gibraltar-based cryptocurrency community to allow ICOs to market their offering to our growing investors’ community.  

Join our Crypto, Blockchain and Cannabis Telegram group here
View full IDEP profile View Profile

i-Deal Corp Timeline

Related Articles

Australian dollars
September 28 2018
The company is now achieving positive earnings before interest, tax, depreciation and amortisation results each month.
Vault online software in the cloud image
August 08 2018
The company has achieved strong sales on the back of its risk and safety management software systems.
data privacy
The company's MediaConsent platform provides consumers control of their data and privacy.

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use