We know that many of you have been patiently waiting for some updates about the Lendo team’s recent trip to the Far East. The team has just arrived back and are feeling very pleased with the outcome.
CEO, David Honeyman said the conference in Beijing was extremely successful and Lendo attracted a lot of interest there. After Beijing, David and Mark, the Marketing Director, travelled to Singapore and Hong Kong where they held a series of meetings with crypto funds, venture capital firms and family offices.
The response to Lendo at every meeting was very positive and the expression of interest in getting involved with Lendo has given a real confidence boost to the team and yet again demonstrates the strength and solidity of the project.
Now that David and Mark are back, they are busy following up on these meetings and it is likely that they will fly out to Asia again at the end of this month to resume the discussions and close some deals.
As David points out, institutional investors tend to take longer to make up their minds about going forward with a project, simply because there are normally several people involved in the decision. However, patience is rewarded when negotiating these deals, because the amounts invested are potentially very large once they decide to commit.
We’re all excited to see Lendo making such brilliant progress and hope it won’t be too long before we’re able to bring you more updates about what is happening with Lendo in Asia.