The raffle with the best odds of winning

11Onze will be doing a raffle of a gold bar and a gold coin on 21 December. Given the size of the community, participating in the Gold Raffle gives you the best odds of winning a prize this holiday season.

Around seventy people have already registered to participate in the 11Onze Gold Raffle. This means that, as of now, the chances of winning the raffle are 1 in 70. This makes the Gold Raffle, the Christmas raffle with the best odds. For example, in La Grossa de Cap d’Any, the chances of winning are 1 in 100,000.

Prizes and requirements

In our Gold Raffle, there are two prizes: a gold bar worth around 3,000 euros and a gold coin worth 500 euros. But not everyone can participate. Only members of the community who bring new users to La Plaça can participate. Registration at 11Onze.cat is free and gives access to 11Onze’s content and services.

What do I have to do?

It’s very simple, just two steps:

• The new user has to register at La Plaça.
• Once this is done, the new user has to fill in the Gold Raffle template.

In this template, it is important that the new user mentions who have recommended 11Onze to him/her. Once this is done, this person will receive a number for the Golden Draw. If their number is chosen, the new user will get the gold coin, while the person who recommended 11Onze will get a 50-gram gold bar.

Exclusions

The purpose of the Gold Raffle is to open up La Plaça and encourage those who are already part of the community to bring new users for the chance to win a gold bar. Therefore, it is not open to users who are already registered but don’t bring new members, nor to new members who have not been recommended by anyone else. All the information about the raffle is available here, where you can also consult the legal terms and conditions.

At 11Onze, our community is gold, so we have decided to raffle a gold bar among the members who recommend La Plaça to other people. For each new user, you will receive a number for the Gold Draw that will take place on the 21st of December.

If you are already a member of La Plaça, you know very well how much we value our community and how much we like you to participate, get involved and educate yourselves financially with us. We have had more than 10,000 people in La Plaça for some time now, but we believe that the time has come to open it up to more people. We want to explain the 11Onze project to as many people as possible.

The aim is for more and more people to enter La Plaça and register as 11Onze users. It’s free, and quick, and gives access to all the content and services of our community. That’s why we have launched the Gold Raffle. Each new user, once they have registered, will be able to enter the draw by filling in a form. When filling in this form, you will have to tell us who has recommended 11Onze to you, and then you will receive a number. This number is unique for these two users, for the one who has recommended 11Onze and for the one who has registered.

And what can you win?

The user who has recommended 11Onze, if the number is chosen, will win a gold bar worth more than 3,000 euros. The new user will also win a prize, in this case, a gold coin worth more than 500 euros. This new user can not enter the gold bar draw by recommending 11Onze to others. This is specifically explained in the legal terms and conditions, which you can check here: we want to reward the loyalty and involvement of users who were already members of 11Onze before this draw.

11Onze has always grown thanks to word of mouth. Now it’s time to raise our voices a little: every new user has a chance to win a physical gold bar! You will find all the information about the Gold Raffle on this page.

Good luck, you are gold!

After the good reception of 11Onze Segurs home insurance, our community asked us to offer a new product to insure their vehicles. We got down to work, and now we can present the zero-mile insurance.

The team responsible for 11Onze Segurs is always analysing the various options offered by the insurance market to find products that meet the level of quality, service and transparency that we demand of ourselves and that are aligned with the values of 11Onze.

With our home insurance proposal, we demonstrated that it was possible to offer a good product at a good price and in a socially responsible way. Now, at 11Onze Segurs we also make it easy for you to take out the best insurance for your vehicle.

Zero-mile insurance

To offer great customer service, in our own language and from here, to meet the needs of customers in the Països Catalans. That is why 11Onze Segurs has reached an agreement with the Catalan mutual company Mussap. Born in 1932 in Barcelona as Mútua d’Accidents del Treball Agrícola and 90 years later still offering a quality service with a physical presence in the Catalan territory.

A direct benefit for the 11Onze community

Unlike other entities, a mutual insurance company such as Mussap is not for profit, the mutual members are co-owners and the profits are reinvested in the same entity to improve the services and the contributions of its members. In addition, 11Onze has obtained an additional 5% discount for the community if you take it out through 11Onze Segurs.

The most complete insurance policies

We offer you three types of third-party insurance (third-party, third-party with windscreen cover and extended third-party), but unlike other insurers, we include medical assistance, appeals against fines and travel assistance from the most basic option. If you are interested in Comprehensive insurance, let us know and an 11Onze Segurs agent will contact you.

11Onze customer service is always by your side

Although we provide an insurance simulator so that you can simply and swiftly obtain a quote by yourself, 11Onze agents are available 24 hours a day to answer any questions or resolve any doubts you may have. Also, you still have the option of having an agent do the simulation for you.

If you want to discover the best insurance for your vehicle, go to 11Onze Segurs, insurances with 11Onze values.

Fintech Finance News, a leading publication in the international fintech community, reports on the collaboration between 11Onze Segurs and the Catalan mutual Mussap.

James Sène, Chairman, 11Onze, explained “We launched a survey asking which insurance products our customers would be interested in and vehicle insurance was the most voted. So, we worked on looking at options to offer vehicle insurance which is credible, fair and cost-effective. We reached an agreement with the Catalan mutual company Mussap as, unlike other entities, a mutual insurance company such as Mussap is not for profit. In addition, the mutual members are co-owners and the profits are reinvested in the same entity to improve the services and the contributions of its members. Furthermore, 11Onze has obtained an additional 5% discount for its members.”

You can read the original article here:
Fintech Finance News

If you want to discover the best insurance for your vehicle, go to 11Onze Segurs, insurances with 11Onze values.

On 11 October, the Sant Cugat del Vallès Theatre-Auditorium hosted 11Onze’s first face-to-face investor assembly. The event served to clarify the situation of the entity and its next steps.

There was a great interest in seeing each other’s faces. Without screens in the middle, live. It was probably for this reason that so many 11Onze investors decided to take the opportunity to attend the meeting, avoiding the temptation of a few days of relaxation courtesy of the Spanish bank holiday.

It was a day of celebration in an incomparable setting: the Sant Cugat del Vallès Theatre-Auditorium. The event began with a few words from the first deputy mayor of Sant Cugat, Carles Brugarolas. The investors were then presented with a video in which representatives of the different departments of 11Onze detailed the situation of the entity and key data.

Finally, the president of 11Onze, James Sène, explained in detail some of the circumstances that 11Onze has had to face, analysed the context of the sector and made some announcements about the roadmap of the entity. It was more than an hour of talk during which the president went through each one of the topics on the table. Followed by a Q&A session for investors to express their concerns and thoughts to the chairman. Thereafter, the investors and the 11Onze team gathered in the foyer for a standing dinner and a relaxed chat.

The 11Onze Investors’ Assembly became what it was meant to be: a place to meet face-to-face and answer all questions.

From 11Onze, we would like to sincerely thank all those people who have always supported the project and pushed it forward.

We spoke to 11Onze’s CEO, James Sène, with an eye on the Investors’ Information Assembly to be held on 11 October. Now that El Canut has been up and running for two years, we analyse the situation and the next steps to be taken by an entity that many have given up for dead several times.

“It’s been a tough year for fintechs around the world, we know that. What have we done? We’ve cut our costs, but we’ve kept working,” explains James Sène on 11Onze’s Podcast. “The news from 11Onze is that it’s all still working,” he stresses.

We haven’t heard from 11Onze’s CEO for months, as the company has strategically kept a low communication profile. Working, resizing and consolidating an entity that is in optimal conditions to face the growth of the coming years. As James Sène explains: “We are where we wanted to be. We have not lost sight of our objective, which is to be dominant in the region in 5 years. But sometimes you have to adapt to reach your goal.

Thanks to the work we’ve done, we can see the results in the current accounts or products such as gold, insurance, Monthly Return, Litigation Funding or cryptocurrencies… but also in La Plaça where we have consolidated 15,000 unique monthly users who choose 11Onze Magazine to find out about the economy and everything that revolves around money. “We’re past that moment,” says James Sène, “when people asked us what a fintech was. Now everyone knows what we do.

11Onze continues

All this is happening in an economic context in which large corporations are suffering and in which, in the financial sector, we have seen the disappearance of Crédit Suisse or the debacle of Silicon Valley Bank. Have we been left for dead? James Sène replies: “If we are dead, that’s alright. Two years ago, they said 11Onze was impossible. Now that we exist, they say we’re finished. When it becomes clear that we’re not, it will be something else. But in this country, we have been hearing for 10 or 15 years that there will be a financial institution in the country, and we are still waiting for the Institut Català de Finances (ICF). All the initiatives that there have been are no longer in place or have taken a different shape, and 11Onze continues”.

On 11 October, therefore, investors will find out what 11Onze has done with their contribution, what is the exact picture of the company’s present and future and also what has happened during this time. “We have spoken to everyone in this country,” says James Sène, “and the time has come to explain everything. There are things that we have not been able to explain in the documentaries for legal and strategic reasons. Now is the time.

You can listen to the conversation with the CEO of 11Onze about the Investor Briefing on the 11Onze Podcast.

The collaboration between the 11Onze community and the Better Shelter Foundation is an example of the power of solidarity and cooperation in the face of emergency situations. The ultimate goal of this 11Onze Rolls Up its Sleeves initiative is to create 50 shelter schools to accommodate 1,750 children displaced by the Syrian earthquake. But what do these classrooms look like? And how do we build them?

Through this partnership, we aim to create a network of help and support for the affected communities, providing a safe place and the necessary tools so that the children can continue their education and regain normality in their lives. 11Onze is asking its community to roll up its sleeves to help children affected by the earthquake in northern Syria. Can we let these children continue to spend their days on the streets with nothing to do, with all the risks that this entails? We at 11Onze think not, and we hope that the community will get involved.

A lasting solution

The Better Shelter School is an innovative and lasting solution for communities affected by natural disasters or conflicts. This initiative with which 11Onze Rolls Up its Sleeves is collaborating is promoted by the Swedish foundation Better Shelter with the aim of building schools in northern Syria after the devastating earthquake that affected the region.

As Jas Texidó, Director of Public and Institutional Relations at 11Onze, explains, “We wanted to do a collaborative action that would have an immediate impact in the affected area.” James Sène, 11Onze’s Chairman, suggested contacting the Ikea Foundation, which was already making shelters for Better Shelter, “so that we could avoid unnecessary intermediaries and this would allow us to directly follow up on the contributions of our community”, states Texidó.

Safe, sturdy and made of quality materials

The shelter schools not only provide a safe space for learning but also serve as a place of emotional stability for the personal development of the affected children. These schools will serve as a bridging tool that will empower them on the path to a more hopeful future.

Better Shelters are much more than just temporary tents. These structures are designed to last over time and provide a safe and dignified place for children and their families in the midst of a crisis. With this goal in mind, the shelters are built with quality materials and are resistant to weather and other environmental factors.

The manufacturing and assembly process of the classrooms is efficient and relatively simple, costing only 2,333 euros and taking only two hours to assemble. Once packed at the IKEA facility, they are shipped to a distribution centre close to the affected area. In the region, Better Shelter partners, including non-governmental organisations and volunteers, are working to set up the shelter schools and furnish them accordingly.

The time required to set up a shelter varies, but usually at least two months from the signing of the contract. This timeframe depends on the operations of the volunteers carrying out the installation. However, in emergency situations, measures are put in place to speed up this process and quickly provide a safe place for children and refugees.

The ultimate goal of this initiative is to create 50 shelter schools, with funding of €100,000, to help 1,750 displaced children. Let’s roll up our sleeves and come together to support this project – someone has to do it!

11Onze Rolls Up its Sleeves is 11Onze’s service to help people all over the world.

We are rolling up our sleeves to build 50 Shelter Schools for 1,750 children affected by last February’s earthquakes in Turkey and Syria. 11Onze has a vocation of operational transformation, that’s why we are launching a new service: 11Onze Rolls Up its Sleeves.

In journalism, we often talk about news waves. That is to say, for a while, a topic is trending, it is talked about everywhere. But little by little it fades away, and a new topic comes along and occupies the news window, repeating the process. Therefore, the news media is not interested in explaining what is happening in the world or in ranking the importance of the issues to be solved. They simply compete for clicks.

But this does not mean that the problems go away

On 6 February 2023, an earthquake measuring 7.8 on the Richter scale devastated parts of Turkey and Syria. And when there is such a catastrophe, the media all over the world cover the story. Until the death and injury count is over. There is no more news when there are no more aftershocks and the casualty rates are no longer moving up. Therefore, there is no more news and the topic changes.

It’s time to roll up our sleeves

UNICEF put the number of children displaced by the earthquakes at 850,000. Children living in refugee camps, trying to regain some semblance of normality. 11Onze is rolling up its sleeves and will help them by providing Shelter Schools so that they can return to school as soon as possible. At 11Onze we know that education is the most powerful tool to create a future. It gives students the chance to recover lost routines, for a few hours, it will take their minds off from the drama they are immersed in, and it will give them hope and tools. Will you roll up your sleeves? Someone has to do it!

How will we do it? With Better Shelter!

We want to raise 100,000 euros to build 50 shelter classrooms, which will help 1,750 students. We are perfectly aware that we won’t solve 100% of the problem, but if we don’t start rolling up our sleeves, nothing will be solved.

For this reason, 11Onze has established a partnership with the Swedish Better Shelter Foundation, which builds shelters designed by the Ikea Foundation. They are sturdy Shelter Schools, built to last, which can be assembled in two hours and cost around 2,333 euros. From 11Onze Rolls Up its Sleeves you can make a donation of any amount you wish. The money will be transferred in the aggregate to Better Shelter so that it can act on the ground. 11Onze will monitor the destination and impact of the contributions made by the people of La Plaça, regularly updating them on the progress.

If you can, give us a hand. 11Onze Rolls Up its Sleeves. Because someone has to do it.

11Onze Rolls Up its Sleeves is 11Onze’s service to help other people around the world.

On 22 April 2021, we launched La Plaça, the town square where the 11Onze community is located. Since then, what have we done?

La Plaça of 11Onze was born with the aim of helping all citizens to understand and manage their money more efficiently. For this reason, financial education and the creation of useful products for the community have always been at the heart of La Plaça.

Innovative products

The first product, with free registration, was La Plaça. A content platform for financial information and education recognised with numerous international awards and has more than 1,000 articles, 800 videos, 150 podcasts and 35 courses. Currently, La Plaça already has 15,000 registered users and more than 12,000 unique monthly visitors.

Next, 11Onze launched the El Canut application, which lets you open safe accounts, anticipating the turbulence that traditional banking is currently experiencing. El Canut also allows free instant transfers within the 11Onze community, makes it possible to use Mastercard cards, add other bank accounts thanks to PSD2 regulations and can be integrated with Google Wallet and Apple Pay. Since its launch in October 2021, El Canut has not had any security issues and has been recognised internationally.

Along the same lines, in order to offer the community the possibility to protect their savings by gaining purchasing power, Preciosos 11Onze was created. For the first time, a financial institution facilitates aggregate purchases of physical gold. This service has become one of the flagships of 11Onze.

Steady growth

Since then, the product portfolio has grown steadily. 11Onze Recommends has provided high-return, low-risk savings products such as Guaranteed Funds and Litigation Finance. 11Onze Segurs offers socially responsible insurance at a very competitive price. Our marketplace has also provided products that allow saving and living in a more sustainable way, such as Tappwater water filters or Natulim detergent, with special conditions for the community.

Other added services are 11Onze School, 11Onze Check or 11Onze at Home, which allows 24-hour video call attention. All are available, at no extra cost, for La Plaça users.

Next steps for 11Onze

After 2 years, the most complicated stage for any start-up, the obvious question is… What next? Well, 11Onze is looking to the future with great optimism, with a community, a company and workers ready to grow the first community fintech in the Catalan countries. 11Onze is ready to offer more innovative products and scale its business with the security that comes from good results. We are ready!

11Onze is the community fintech of Catalonia. Open an account by downloading the super app El Canut on Android and Apple and join the revolution!

The Finança Litigis product, presented by 11Onze Recommends, is now up and running and lets you make money by fighting the abuses committed by the big British banks. Farhaan Mir, CFO of 11Onze, explains why now is the best time to get involved.

In a year marked by record inflation, depressing economic growth forecasts and the possibility of a new banking crisis, investor confidence remains in negative territory. This is reflected in the quarterly Investor Confidence Index compiled by the international asset manager J.P. Morgan Asset Management, with negative sentiment (-0.99) across the board among private investors.

In this context, diversification of our savings into safe-haven assets such as precious metals or investments that help us fight inflation is essential if we want to protect our capital. Although bank deposits are beginning to improve their yields as a result of rising interest rates, they are still not enough to compensate for the loss of purchasing power caused by high inflation.

As 11Onze’s CFO Farhaan Mir explains, “inflation is high and, to reduce it, central banks have to cool the demand for money, which means that companies have to reduce their workforce and consumers have to spend less. In these uncertain times, central banks must be careful about raising interest rates to curb inflation. Inflation is bound to be high for the foreseeable future”.

One of the few viable and safe alternatives

With the aim of achieving a gain of more than 27% in relation to average inflation in Spain, Finança Litigis “secures the short-term purchasing power of our investors when there are no viable alternatives to maintain the value of money,” says Mir. In addition, this product has a social justice component, you will be helping those affected by bank abuses to recover their money.

Specifically, UK banks face claims of over €60 billion that have been set aside to cover compensation for malpractice, to date, with a claims success rate exceeding 90%. More importantly, with Finança Litigis, independent and accredited insurance covers the entire principal of unsuccessful cases. As Mir explains, “having an “excellent” credit rating from a major credit rating agency, such as AM Best or S&P, makes Finança Litigis fundamentally better and safer than having a bank deposit“.

That is why 11Onze recommends this product, considered a unique opportunity and with low risk, “especially if you take into account that you earn more than what a bank deposit would give you in interest and that your capital is 100% protected“, assures Mir.

Fund lawsuits against banks. Do justice and get returns on your savings above inflation thanks to the compensation the banks will have to pay. All the information about Finança Litigis can be found at 11Onze Recommends.