Webtransfer: de un pionero en préstamos sociales a un futuro descentralizado
En 2006, Webtransfer began its operations as a global money transfer service with offices in London, Moscow, Miami, New York, Shanghai, Cape Town, Mumbai, and Singapore, providing services worldwide. In 2013, building on this international business, Webtransfer launched a social credit network headquartered in Miami, supported by Webtransfer Corp in New York and Webtransfer Europe Ltd in the UK, the latter holding an FCA license for money transfers, cementing its presence as a leading global hub for social lending.
In 2013, Webtransfer introduced a plataforma revolucionaria where any social network user, such as Facebook, Twitter, Google, VK, and others, could participate. The platform allowed registered users to borrow and lend amounts from $50 to $1,000 for periods ranging from 3 to 30 days, backed by a Guarantee Fund formed from the lenders’ profits, ensuring the return of their investments.
By October 2014, the number of users in Webtransfer, the first social credit network, exceeded un millón de participantes. El modelo social de préstamos mutuos P2P propuesto por la empresa demostró de manera convincente no sólo su viabilidad sino también sus ventajas sobre las instituciones crediticias tradicionales.
En mayo de 2015, la red tenía casi 5 millones de participantes de diferentes países, con transacciones diarias que superan los 45 millones de dólares, lo que indica un crecimiento explosivo y confirma la eficacia del modelo de préstamos P2P que ofrece la empresa.
In 2015, Webtransfer made a breakthrough by launching Webtransfer tarjetas de débito VISA. This move, a first in the world, allowed participants to instantly transfer money to each other and to issue and receive loans directly, card-to-card, bypassing the need to top up personal accounts. This innovative solution significantly increased the number of participants and the volume of credit transactions, strengthening Webtransfer’s position and highlighting its role in the evolution of fintech.
En 2017, el número de participantes en la red de crédito social había superado 10 millones de personas. A pesar de las crisis económicas, el modelo de ayuda mutua floreció, permitiendo a millones de personas brindar apoyo financiero con un solo clic, eludiendo las instituciones financieras tradicionales. Este modelo se mejoró al permitir a los participantes ganar antes de compartir con la red, lo que garantiza crecimiento y estabilidad incluso en tiempos de inestabilidad.
An important milestone in Webtransfer’s history underscores its role as a fintech pioneer. Before major cryptocurrency exchanges like Binance became well-known, Webtransfer occupied a unique niche by creating el primer intercambio P2P sin custodia para las monedas electrónicas, incluidas las criptomonedas que entonces surgían. Esta plataforma estaba equipada con un sistema de garantía de transacciones, lo que la convierte no solo en una herramienta innovadora sino también segura para los participantes que desean interactuar con monedas electrónicas.
Thanks to its progressive functionality, the Webtransfer P2P exchange enjoyed widespread popularity among users, allowing them not only to profit from currency rates but also to contribute to the development of a new era of digital finance. Many participants still remember it as an important and reliable tool for earning, further emphasizing Webtransfer’s innovative spirit and leadership in the early stages of the cryptocurrency market’s development.
At the end of 2017, Webtransfer had to close its card program due to changes in VISA’s policy on issuing co-branded cards. This forced measure marked the end of one of the most vibrant chapters in the company’s history, leaving behind a legacy of striving for innovation and improving financial operations for its users.
Following this, Webtransfer entered a period of rethinking its strategy and exploring new paths for development. The team tirelessly worked on innovations and studied alternative ways to fulfill its mission of democratizing financial services.
During these years, Webtransfer actively explored technological trends and user needs, carefully analyzing the financial services market. The team came to understand that blockchain technology offers a unique opportunity to rethink financial operations, ensuring transparency, security, and accessibility of services.
Inspired by the potential of blockchain, Webtransfer made a bold decision to decentralize its social credit network and launch credit operations on the blockchain. This move aims to create a more open, secure, and accessible financial ecosystem with active user participation.
The transition to decentralization was a logical step in the development of Webtransfer, considering current trends in technology and finance. This strategic move opens up opportunities for the company to innovate and create new services. It is expected that the development of tools and services aimed at enhancing financial literacy and facilitating access to credit products will play a significant role in increasing user engagement and satisfaction.
Webtransfer’s development demonstrates an unwavering commitment to innovation and adaptation to a changing world, where every obstacle is seen as an opportunity for further growth and improvement.
In 2024, with plans to transition to a decentralized platform, Webtransfer aims to establish itself as a leader in the field of social mutual lending, using blockchain to ensure transparency and security of operations. This step is aimed at strengthening trust and expanding opportunities for users, highlighting the company’s commitment to creating a global community where financial support and interaction become even more accessible and reliable.
Webtransfer’s trajectory from a simple social credit network to a decentralized platform underscores its innovative spirit and commitment to improving the financial well-being and connectivity of the global community. The new services and opportunities provided by the updated project are expected to strengthen Webtransfer’s role as an innovator in the rapidly evolving landscape of social finance.