FinTron

FinTron

Early Stage

Digital brokerage / banking provider

Digital brokerage / banking provider

Overview

Raised to Date: Raised: $35,958

Total Commitments ($USD)

Platform

Netcapital

Start Date

09/13/2021

Close Date

01/03/2022

Min. Goal
$10,001
Max. Goal
$170,001
Min. Investment

$100

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.30

Pre-Money Valuation

$10,012,578

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$324

Momentum
Funded
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Year Founded

2017

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Westport, Connecticut

Business Type

High Growth

FinTron, with a valuation of $10 million, is raising funds on NetCapital. It is a digital platform that provides the latest investment tools, digital brokerage, and banking services to new investors. The offerings of FinTron include unlimited trading in over 600 fractional securities, interest-bearing accounts, recurring investments with three levels of risks, a master budgeting tool, mock trading, and meal-calculating tools. FinTron also offers educational services with its simulated trading game, lesson plans, and competitive game-play. Wilder Rumpf, Matthew Fatse, and Adam Pulcyn founded FinTron in 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $170,001. The campaign proceeds will be used for digital marketing, salaries and wages, regulatory fees, data fees, and development costs.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$42,255

$16

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-245,347

$-162,363

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$50,225

$1,937

Accounts Receivable

$0

$0

Total Assets

$405,847

$22,137

Short-Term Debt

$0

$0

Long-Term Debt

$494,900

$123,000

Total Liabilities

$494,900

$123,000

Financials as of: 09/13/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
FinTron 01/02/2022 Netcapital $10,012,578 $35,958 Equity - Common Funded RegCF
FinTron 12/03/2020 Netcapital $4,652,615 $81,584 Equity - Common Funded RegCF
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Price per Share History

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

Valuation History

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.

Employee History

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FinTron on NetCapital 2021
Platform: Netcapital
Security Type: Equity - Common
Valuation: $10,012,578
Price per Share: $1.30

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