While I was conducting google searches into another company that works a bit like it, I came across a company known as Fidance biz and wanted to learn more about them.
The main aim of conducting this research was to determine what this company is all about and what other users say about it.
Here is a summary of all you need to know about the fidance biz I unearthed via google and comment sections by other users who had first-hand experience with the company.
Before I start…
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What is Fidance Biz?
According to their website page, Fidance is an online business platform that was designed solely to transform the outdated banking system linking investors to small and medium-sized business owners.
They give businesses financial support in the form of loans. It launched in 2015 and has since raised approximately 12 million dollars of equity capital.
They boast an array of investors with unmatched financial capabilities and have even been giving willing small investors a chance to join them and make huge profits. We’ve seen this before with programs like Big Money Connection and Amazon Liquidation Pallets.
Investors make money from interest paid on loans provided by fidance biz and the fund charges an organization fee for funds provided.
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Who owns fidance biz?
As I was visiting their official website, to learn more about the company, I was pleased to note that the website domain is registered and is secure.
However, they have a scanty description of their operations and no information whatsoever as to who is at the helm(CEO) of the company.
Nevertheless, I was able to determine that the company was registered on September 26th, 2021. It is also unclear whether the company has been operational since 2015 as they claim because they do not provide any proof to ascertain these claims.
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Fidance Biz Products
Fidance biz is a company that offers financial facilities in form of capital (loans) to small and medium-size companies for them to later repay with interest.
They collect equity capital from investors who are willing to grow their money at the comfort of their living rooms.
Upon visiting the website, you will find live statistics such as deposits and withdraws made, the number of active accounts, and online visitors in real-time.
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Investment Packages Available
On their website, they have listed a variety of plans offered to investors ranging from as low as $1 to as high as $10,000(limit).
Additionally, they have a real-time calculator to help you calculate the returns you will get once you invest in the plan that suits you.
Here is a list of those plans and their corresponding returns in percentage:
- Plan 1 – invest $1.00 to $10,000 and receive 20% hourly forever
- Plan 2 – invest $1.00 to $10,000 and receive 50% hourly for 10 hours
- Plan 3 – invest $10 to $10,000 and receive 1,500% after 1 day
- Plan 4 – invest $30 to $10,000 and receive 6,000% after 3 days
- Plan 5 – invest $50 to $10,000 and receive 12,500% after 5 days
- Plan 6 – invest $100 to $10,000 and receive 19,000% after 7 day
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How to Make Money With Fidance Biz
To make money you first have to join and become a member of fidance biz and make a deposit depending on the plan you wish to buy.
Becoming a member is free and an easy endeavor. New customers are required to fill in the sign-up section and make their first deposit which reflects on their account as soon as they deposit the money.
Existing customers use their login username and password to access their accounts.
They accept cryptocurrencies such as Bitcoin, Ethereum, Dash, LTC, BCH, Doge, USDT, TRX as a mode of payment.
Making withdrawals are also said to be simple and immediate. To make a withdrawal, you just log in to your account and go to the withdrawal section on the company website.
Fidance claims to have a team of dedicated experts that invest your money in lucrative investments thus guaranteeing you a big profit margin.
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Referral Program
Apart from earning via money invested on Fidance biz, you can also make money just by referring new customers and earning a commission.
This commission depends on the amount your new affiliates invest using the fidance biz platform. There is a flat rate of 7% commission on the recruit’s initial investment.
Nevertheless, I did not find any compensation plan mentioned on their website that explains how the investors earn.
How much it costs to join fidance biz
There are no costs involved when joining fidance biz because it is free to create an account. However, if you wish to invest, the least amount to invest is $1 and the maximum amount allowed to invest is $10,000.
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Is Fidance Biz Legit?
Fidance Biz is not legit.
After visiting several other sites and going through several scam-checking websites, it was a real eye-opener.
Trust pilot had a couple of negative comments from clients who have lost their entire investments using fidance biz.
For instance, one client named Amine, posted on Jan 2, 2022 saying:
“These have not returned my money…They have not returned my money, I have already written 10 times, they asked something all the time, but they haven’t returned it for a month, don’t believe them and the interest, you pathetic fidance.”
Therefore, you can tell that this program has its problems and it is worth taking a look at.
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Final Verdict
With the emergence of numerous business companies on the web that offer investment opportunities, it is important to carry out ample research before making any decision. If you do that, you are more likely to make an informed decision beforehand.
This kind of negative review should act as a red flag to anyone thinking of joining this company. There were other complaints about withdrawal problems and unanswered client queries.
Their purported official website lacks important pieces of information thus raising lots of questions. After carefully analyzing FIDANCE biz , it’s safe to say that this looks like a huge scam you should avoid.
Before you leave
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David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.