Medfin Bank Project is shaping the future of Healthcare Banking.
Medfin Bank Project creates a cooperative sector-based financial institution and brings economic power in the hands of the health care community.
About the Project
About Medfin Bank Project
Medfin Bank will disrupt the health sector financing industry by creating a sector-based cooperative financial institution.
MEDFIN builds a financial institution dedicated
to serve and support the health care sector.
At Medfin Bank Project, we combine the latest technological features and developments within the banking industry with a cooperative financial structure's flexibility and productive elements.
We develop a cooperative institution rather than a cooperative bank to benefit and overcome dysfunctions associated with common cooperative banks.
We develop an ecosystem solution to solve broader problems that go beyond banking. We create a groundbreaking banking network to solve financial issues risen in recent decades in the healthcare sector.
Simultaneously, we create a cash cycle in the healthcare sector that supports its participants' economic development and is being fed by those participants' development.
Reserve your shares, became a member of our community and a founder of the MEDFIN BANK project.
Solutions
Problems & Solutions
Health sector contributes 6% of global GDP and accounts for 7% of total deposits in general banks while receiving only 1.4% of total funding.
Banking services have become expensive
In recent years, the cost of banking services has risen significantly. One of the main reasons for this are changes in the regulatory framework targeting money laundering and terrorism, forcing financial institutions to develop extensive and costly compliance departments
Another reason is the massive increase in NPLs (non-performing loans) during the last decades, leading institutions to create reserves for bad debt provisions and extensive debt write-offs.
Finally, low interest rates add pressure to most banks’ profits forcing them to find alternative sources of income to raise their profitability rates. That led to increased cost of noncredit services.
Even though they coped successfully with digital transformation developing substantial online services, traditional financial institutions cannot reduce costs due to their existing heavy organizational structure.
These unfavourable factors have led to high operating costs for most banks resulting in expensive financial services.
Solutions
At Medfin, we develop an entirely new financial organisation utilizing the latest technological developments in financial services.
Being a new organization, we do not have any bad debts or unpaid loans for which we need to develop provisions. Furthermore, we do not have any heavy organizational structure to raise our operating costs.
Free from any burden of the past, we can focus on providing the best possible service to our members and clients, offering affordable products and services as well as considerable investment returns.
Reserve your shares; become a member of our community and a founder of the MEDFIN BANK project.
Traditional Banks lack expertise and misallocate their resources
The traditional banking model is following the generalist view. Trying to achieve high levels of diversification in their loan and investment portfolios, they spread their assets across different sectors of the economy.
If you lack expertise, this is indeed the safest way to distribute assets. But that means treating everyone equally. You treat a grocery store the same way you treat a dental clinic.
During the last years, the health sector has been the largest depositor in the banking system, and its development outperforms many others. However, credits to the industry are much smaller.
Over those years, the wealth produced by this sector has been channelled into other sectors of the economy, depriving it of the necessary resources that would contribute to its further progress.
MEDFIN specializes in Healthcare
At Medfin, we rely on our in-depth knowledge of health sector finances to minimise our risk rather than spreading our resources across different sectors.
We build a cooperative financial organisation whose primary objective is to promote its members' economic interests.
MEDFIN BANK will belong to its members and not to some hidden investors.
MEDFINBANK will harness the enormous financial dynamism of the healthcare sector for the benefit of the industry itself.
Join Medfin
Sign in and Submit your Application
Early members Period has ended. Round 2 application period has started. Reserve your shares, became a member of our community and a founder of the MEDFIN BANK project. Join now and get unique benefits. Applicants of this round will receive unique benefits and bonus shares according to their application. Sign in to get access to the details of the project.
Round 3 Application period ends 31 October
We do not ask you to pay for anything at this stage. You must submit your application stating your intention to participate in the project. We will only ask you to proceed with the payment of shares when we reach the target amount. Our project's auditors, will supervise all the procedures and verify all policies.
- Round 3 Application Period Starts 1 April
- Acceptable Currency GBP, EUR, USD
- Round 3 Application Period Ends 31 October
- Minimal Application 5.000 shares
- Share Price 1 EUR
- Maximal Application 1.000.000 shares
How Can I Join
Who can join the Medfin bank Project
If you are active in the health sector, join us and become a part of the new healthcare financing era.
We invite all physical or legal persons working in the health sector to join the MEDFINBANK project and become early members. Those can be doctors, private clinics, hospitals, pharmacies, pharmacists, nurses, physiotherapists, nutritionists.
Sign in and get access to the members' area and all projects' details such as the white paper, the business plan, articles of association and shareholders agreement.
To become a member, you should submit the online application stating the amount by which you want to participate and the service you require.
Among other unique benefits, early members will enjoy priority on their applications.
Corporate Structure
Corporate Structure
At MEDFIN BANK project, we are developing a cooperative structure to take advantage of the benefits and to overcome malfunctions associated with the usual cooperative banks.
Structure details
Team
Managing Team
Our team members have been active worldwide gaining valuable experience in their fields of expertise. Over time the team has built strong bonds and a unified strategy after long-term partnerships with all of its members.
Dimitris Galaktopoulos
Project ManagerDimitris is an economist who graduated from the University of East London.
He specializes in corporate finance and investments in derivative financial products. He has been actively involved as a consultant or shareholder in the creation, operation and development of several start-ups around the world. In the past, he has worked in the food, tourism, energy and finance sectors. He is particularly experienced in planning, financing and implementing new projects.
Strategic Planning 95%
Project Management 90%
Investments 85%
Kostas Galiatsos
Treasury managementKostas has extensive experience in organizing and managing financial institutions.
He has worked for many years in the National Bank of Greece. Since 1990 he has worked in the Strategic Planning Department and since 1997 was appointed to the organization and setup of the Risk Management Department. From 2000 until 2002 was Vice President and Manager of an Investment Firm listed on the Athens Stock Exchange.
He holds a Ph.D. in Finance, and he has been teaching in some Greek Universities and numerous seminars for professionals in the financial sector. From 2000 to 2015, he was in charge of the Educational Program of the Hellenic Banking Association, while from 2015 to 2017, he was President and CEO of the National Fund for Entrepreneurship and Development (now Hellenic Development Bank). Since 2018 he is a member of the Board of Directors of Marfin Investment Group (MIG)
Risk Management 85%
Financial Analysis 90%
Bank Management 75%
Michael Perdikaris
Risk Analyst
Highly successful and results-oriented economist, with over 40 years of experience in business development of new organizations, expanding competitive market share and corporate management.
Leverages his developed interpersonal and time management skills to effectively manage an account, increase its market value and achieve business objectives. Active, with a genuine passion for investment strategies and a well-structured background, to help an advanced organization optimize its performance and growth. He focuses on creating rewarding relationships that benefit the business development he supports.
As a PhD from Sorbonne University, he has been working at Emporiki Bank since 1982 at the Financial Studies Division and at Risk Management Division as Credit Risk Officer. From 1983 to 1984, he led a special group at the Ministry of Finance to attract foreign investment. He has worked as a team and individually on a wide range of financial and risk management studies. He designed and organized the Bank’s Venture Capital and simultaneously developed risk measurement applications. Since 2017, he has worked as a freelancer in the areas of bank risk analysis, investment planning, fundraising for the innovation sector and fundraising.
Risk Management 85%
Investments 90%
Business Strategy 75%
Advisors
Advisors in the platform
Alexandros Vlachos
Business DevelopmentAlex holds a Business and Economics degree from Aarhus University in Denmark and continues his postgraduate studies in Health Management in London.
Having worked in different international environments, he possesses strong communication and relationship building skills. Committed to maximizing client experiences and exceeding customer expectations, he is skilled at building, maintaining, and expanding professional networks. He has experience in Risk Management, Business Consultancy, and Business Development in financial services.
Business Development 90%
Communications 85%
Risk Management 85%
Anna Syrri
Internal AuditorAnna graduated from the Department of Shipping Trade & Transport of the University of Aegean and concluded her Professional Postgraduate Training in Financial Auditing at the University of Aegean. She is a member of the Association of Internal Auditors of the Ministry of Finance.
She has extensive experience in Internal Audit in public healthcare sector entities as a project manager for several years. She also has experience in the organization and execution of Internal Audits in general, the development of Internal Audit methodology, the preparation of Internal Audit Manuals and related audit tools.
Internal Audit 90%
Financial Accounting 85%
Auditing 85%
Natasha Lupu
Digital MarketingA seasoned professional with solid experience in utilizing marketing techniques, sales initiatives and customer relationship management to maintain consumer satisfaction and grow business. Has delivered multiple projects in the finance and technology sector with outstanding performance results, and has a proven record of facilitating and providing customed brand marketing strategies to achieve the organization’s goals. A highly driven and inspirational individual whose passion is to develop creative solutions, fine quality content and aspire audience engagement through traditional and modern types of media.
Social Media 85%
Digital Marketing 90%
Campaign Management 75%
FAQ
Frequently Asked Questions
Contact
Contact Medfin Bank
Have questions? We’re happy to help.
Contact us with any questions regarding Medfin bank project.
- info@medfinbank.com