E (EkChat)

E, with a valuation of $20 million, is raising funds on Wefunder. It is a social network with a built-in messaging platform and a universal payments system. The platform has everything one would expect in a social network, including feed, photos, videos, stories, celebrities, and brands, along with a messaging platform EkChat, and a payments system EkPay. E is available in 190 countries on Apple AppStore and Google Play Store. Ali Salamat founded E in April 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for product development, new user onboarding, marketing, licensing fees for Wallet, hiring, and user acquisition expenses.