Abstract:Cashcraft, a private placement and equity arrangement service provider based in Nigeria since its establishment in 1991. Operating in an unregulated environment, Cashcraft offers services such as private placements for unquoted companies, equity arrangement services, matching funds for buy orders, and temporary funding solutions. For assistance, clients can reach out to Cashcraft’s customer support team via phone and email.
Note: Regrettably, the official website of Cashcraft, namely https://www.cashcraft.com, is currently experiencing functionality issues.
Cashcraft Review Summary | |
Founded Year | 1991 |
Registered Country/Region | Nigeria |
Regulation | Unregulated |
Services & Products | Private Placements for Unquoted Companies, Equity Arrangement Services, Matching Funds for Buy Orders and emporary Funding Solutions |
Demo Account | N/A |
Leverage | N/A |
EUR/ USD Spread | N/A |
Trading Platforms | N/A |
Minimum Deposit | N/A |
Customer Support | Phone and email |
Cashcraft, a private placement and equity arrangement service provider based in Nigeria since its establishment in 1991. Operating in an unregulated environment, Cashcraft offers services such as private placements for unquoted companies, equity arrangement services, matching funds for buy orders, and temporary funding solutions. For assistance, clients can reach out to Cashcrafts customer support team via phone and email.
If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics.
Pros | Cons |
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- Tailored Services: Cashcraft offers private placements, equity arrangement services, and funding solutions, catering to diverse investment needs.
- Not Regulated: The lack of regulation raises concerns about the oversight and protection of client funds and investments.
- Inaccessible Website: The absence of an accessible website can hinder transparency and make it difficult for clients to gather information about the company and its services.
- Limited Trust and Transparency: The combination of being unregulated and having limited accessibility may contribute to a lack of trust and transparency in the eyes of potential clients.
Cashcraft operates without any valid regulation, indicating a lack of oversight from governmental or financial authorities, significantly heightening the risk of investing with them.
Furthermore, the unavailability of their official website raises doubts about the credibility and reliability of their trading platform. These circumstances increase the level of risk associated with investing in Cashcraft exponentially. In the absence of regulation, the individuals managing the platform have the freedom to abscond with investors' funds without any accountability for their fraudulent behavior. They hold the power to vanish unexpectedly without issuing any prior notice, leaving investors vulnerable to financial losses and legal repercussions.
Cashcraft provides a range of services and products tailored to facilitate investments in unquoted private companies. These include:
- Private Placements for Unquoted Companies: Cashcraft assists in organizing private placements for unquoted companies, allowing investors to participate in fundraising rounds that are not publicly available on the stock exchange.
- Equity Arrangement Services: Cashcraft helps in arranging additional equity for companies looking to raise capital, ensuring that they have the necessary funds to support their growth and expansion plans.
- Matching Funds for Buy Orders: Cashcraft facilitates matching funds for buy orders, ensuring that investors have access to the capital needed to execute their buy orders in a timely manner.
- Temporary Funding Solutions: Cashcraft offers temporary funding options for investors, providing them with the necessary capital to proceed with investment opportunities while awaiting the execution of sale orders or finalization of financing arrangements.
Cashcraft also provides services to cater to clients with lower risk profiles who seek investment opportunities offering defined income and capital guarantees. These include:
- Treasury Bills: Cashcraft assists clients in investing in Treasury Bills, which are short-term debt securities issued by the government with a fixed interest rate and a guaranteed return upon maturity.
- Debt Instruments - Bonds, Debentures: Cashcraft helps clients invest in debt instruments such as bonds and debentures, which are fixed-income securities issued by corporations or governments, providing investors with regular interest payments and return of principal at maturity.
- Tenured Investment Funds - Commercial Papers: Cashcraft offers investment opportunities in tenured investment funds, including commercial papers, which are short-term debt instruments issued by corporations to raise capital, providing investors with a secure investment option with defined returns.
- Term Deposits: Cashcraft facilitates investments in term deposits, which are fixed-term deposits held at financial institutions with a specified interest rate over a predetermined period, offering clients a low-risk investment option with guaranteed returns.
- Bankers Acceptance: Cashcraft supports clients in investing in bankers' acceptances, which are short-term promissory notes issued by a company that is guaranteed by a bank, providing investors with a secure investment vehicle with an assured payment upon maturity.
Customers can visit their office or get in touch with customer service line using the information provided below:
Telephone: +234 1 2956150
Email: lagos@cashcraft.com
Address: 270 Muritala Muhammed Way Alagomeji. Yaba, Lagos
Cashcraft presents a mixed picture for potential clients. While the company offers tailored services that can meet individual investment needs, it is concerning that Cashcraft is not regulated, has an inaccessible website, and lacks transparency and trustworthiness. These factors raise red flags regarding the safety and reliability of engaging with Cashcraft as an investment service provider.
Q 1: | Is Cashcraft regulated by any financial authority? |
A 1: | No. It has been verified that this broker currently has no valid regulation. |
Q 2: | How can I contact the customer support team at Cashcraft? |
A 2: | You can contact via telephone: +234 1 2956150 and email: lagos@cashcraft.com. |
Q 3: | What services and products Cashcraft provides? |
A 3: | It provides private placements for unquoted companies, equity arrangement services, matching funds for buy orders and temporary funding solutions. |
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies.
In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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