Fintech.TV (2021)

Fintech.TV (2021)

Closed: Nov. 2021

About this raise

Fintech.TV, with a pre-money valuation of $120 million, is raising crowdfunding on Wefunder. The company has created a global media organization to connect the members of the next generation and amplify their opinions and concerns. The platform helps the youth create sustainable products across financial and tech industries. Kavita Gupta, Vince Molinari, and Troy McGuire founded Fintech.TV in September 2019. The current crowdfunding raise has a minimum target of $100,003 and a maximum target of $1,069,998, and the funds will be used towards infrastructure build, marketing, international expansion, broadcasting partners, and acquisitions/joint ventures. Fintech.TV produces two signature shows focused on digital assets and impact investment. The shows reach 850 million households with 8 million online viewers weekly.

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Investment Overview

Invested this round: $169,042

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
07/28/2021
Close Date
11/14/2021
Min. Goal
$100,003
Max Goal
$1,069,998
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.62

Pre-Money Valuation

$120,000,000

Company & Team

Company

Year Founded
2019
Industry
Media, Entertainment & Publishing
Tech Sector
Fintech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Location
Woodbury, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Kavita Gupta
Title
Chief Strategy Officer
Founder Name
Vincent Molinari
Title
CEO
Founder Name
Troy McGuire
Title
Chief Production Officer

Financials

 Revenue
$115,000
 Cash on Hand
$104,391
Gross Margin
77%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$115,000

$0

COGS

$26,238

$29,090

Tax

$0

$0

 

 

Net Income

$16,121

$-78,194

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$104,391

$1,529

Accounts Receivable

$100,000

$0

Total Assets

$1,488,601

$30,839

Short-Term Debt

$841,674

$50,033

Long-Term Debt

$0

$0

Total Liabilities

$841,674

$50,033

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Company Funding & Growth

Funding history

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
FINTECH.TV 10/31/2024 tZERO $88,413,248 $83,000 Equity - Common Not Funded RegCF
Fintech.TV 11/14/2021 Wefunder $120,000,000 $169,042 Equity - Common Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Fintech.TV on Wefunder 2021
Platform: Wefunder
Security Type: Equity - Common
Valuation: $120,000,000
Price per Share: $6.62

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