FAMA Cash
[Closed for Investment] FAMA Cash, with a valuation of $16.4 million, is raising funds on StartEngine. The company has developed an app and website for users to send money, gift cards, airtime, and deals. FAMA Cash is a digital payments marketplace that offers both merchants and consumers a full range of solutions for their payment and marketing needs. Dr. Saiful Khandaker founded FAMA Cash in July 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. The campaign proceeds will be used for R&D, production, marketing, working capital, legal fees, and an MSB license.
Investment Overview
Raised: $29,361
Deal Terms
- Platform
- StartEngine
- Start Date
- 06/30/2017
- Close Date
- 12/27/2017
$10,000
$1,000,000
$500
Equity - Common
RegCF
$1.00
$16,371,666
Company & Team
Company
- Year Founded
- 2015
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Location
- Alpharetta, Georgia
- Company Website
-
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Team
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/27/2017 | StartEngine | $16,371,666 | $29,361 | Equity - Common | Funded | RegCF |