This funding round has closed
Bank of Telecom is the automated international voice market for telecom suppliers
150% of minimum goal raised
Lead investor: Richard Bednarek |
Minimum Target £ 300,000 |
Minimum investment amount £ 5,000 |
Maximum Target £ 450,000 |
Maximum investment amount £ 200,000 |
Internet Mobile Communications Ltd (IMC) was established on 7th March 2012. Its business vision was to develop and implement ecomo, the smartphone calling application for Android and I-OS. Launched in August 2013, ecomo now has 350,000 global customers across every country of the world and over 2Bn minutes of customer traffic. This success allowed IMC to develop and implement the Bank of Telecom, the automated international voice market for telecom suppliers that went live on 1st November 2015. Bank of Telecom has over 400 carrier Members from 73 countries and carries over 1 million minutes a day between its Members.
Bank of Telecom® is the global automated voice traffic marketplace for international telecom suppliers with over 400 telecom carrier Members in over 80 countries from each Continent. Bank of Telecom® Members can trade voice, buy market, traffic and test reports helping them to trade efficiently using informed market decisions. Bank of Telecom® Members choose the sale price and the payments terms for each route they Post. Members have access to Global Traffic Reports showing ASR & ACD of a destination and Global Market Reports showing the Price of a destination. Members can authorize CLI & NCLI Test reports for new and existing Routes and also HLR look up reports to clean numbering databases.
Members gain access to the US$1.5Bn international telecom voice market and solves the inherent International Telecom Market inefficiencies across sales and buy rates, billing and collections, traffic management, financial management and credit risk management by full service automation. Bank of Telecom provides a fast efficient cost effective solution for both the large and small carriers saving over 70% on Bank charges, with same day payments in minutes rather than 3 to 5 working days and any amount can be paid for a single $20 charge. The Bank of Telecom platform is available in: English, Spanish, Russian & Chinese: the languages of the global telecoms market.
Bank of Telecom has the following revenues streams from the activity of international telecoms;
Banking related:
1. Annual Joining Fee
2. Capital Usage Fee
3. Payment Fees.
Telecoms related:
1. Voice calls revenue
2. Global Marketing Data reports.
3. Global Traffic Data reports
4. CLI & NCLI Route Test Reports
5. HLR Test Reports.
IMC currently have 24 PTT or Tier 1 and over 400 Bank of Telecom Members. IMC aim to sign up 1300 carriers as Members of Bank of Telecom by the end of 2018. There are an estimated 11,500 carriers of all types in the world with more niche suppliers emerging year on year.
Bank of Telecom® is the global automated voice traffic marketplace for international telecom suppliers with over 400 telecom carrier Members in over 80 countries from each Continent. Bank of Telecom® Members can trade voice, buy market, traffic and test reports helping them to trade efficiently using informed market decisions. Bank of Telecom® Members choose the sale price and the payments terms for each route they Post. Members have access to Global Traffic Reports showing ASR & ACD of a destination and Global Market Reports showing the Price of a destination. Members can authorize CLI & NCLI Test reports for new and existing Routes and also HLR look up reports to clean numbering databases.
Members gain access to the US$1.5Bn international telecom voice market and solves the inherent International Telecom Market inefficiencies across sales and buy rates, billing and collections, traffic management, financial management and credit risk management by full service automation. Bank of Telecom provides a fast efficient cost effective solution for both the large and small carriers saving over 70% on Bank charges, with same day payments in minutes rather than 3 to 5 working days and any amount can be paid for a single $20 charge. The Bank of Telecom platform is available in: English, Spanish, Russian & Chinese: the languages of the global telecoms market.
Bank of Telecom has the following revenues streams from the activity of international telecoms;
Banking related:
1. Annual Joining Fee
2. Capital Usage Fee
3. Payment Fees.
Telecoms related:
1. Voice calls revenue
2. Global Marketing Data reports.
3. Global Traffic Data reports
4. CLI & NCLI Route Test Reports
5. HLR Test Reports.
IMC currently have 24 PTT or Tier 1 and over 400 Bank of Telecom Members. IMC aim to sign up 1300 carriers as Members of Bank of Telecom by the end of 2018. There are an estimated 11,500 carriers of all types in the world with more niche suppliers emerging year on year.