Defynance Holdings
[Closed for Investment] Defynance Holdings, with a post-money valuation of $7.07 million, is raising funds on NetCapital. The company helps students eliminate their student debt with its Income Share Agreement. The company pays off loans for qualified, employed American students and also offers them a career resources marketplace. Farrukh Siddiqui founded Defynance Holdings in May 2020. The proceeds of the current crowdfunding round, with a minimum goal of $10,000 and a maximum goal of $1,070,000, will be used towards working capital. Defynance Holdings is focused on solving the student debt crisis with its loan refinancing solution. It offers multiple ISA terms with affordable payments and prepayment options.
Investment Overview
Raised: $104,198
Deal Terms
Total Commitments ($USD)
- Platform
- Netcapital
- Start Date
- 10/07/2020
- Close Date
- 01/29/2021
$10,000
$1,070,000
$99
Equity - Common
Pre-Seed
RegCF
$0.60
$6,000,000
Company & Team
Company
- Year Founded
- 2020
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Team
- Employees
- 3
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/29/2021 | Netcapital | $6,000,000 | $104,198 | Equity - Common | Funded | RegCF |