FinTron

FinTron

Early Stage

Digital brokerage / banking provider

Digital brokerage / banking provider

Overview

Raised this Round: Raised: $81,584

Total Commitments ($USD)

Platform

Netcapital

Start Date

05/27/2020

Close Date

12/04/2020

Min. Goal
$10,000
Max. Goal
$249,999
Min. Investment

$99

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.10

Pre-Money Valuation

$4,652,615

Year Founded

2017

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Westport, Connecticut

Business Type

High Growth

FinTron, with a post-money valuation of $4.9 million, is raising crowdfunding on NetCapital. It is a digital platform that provides the latest investment tools, digital brokerage, and banking services to the 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 was founded by Wilder Rumpf, Matthew Fatse, and Adam Pulcyn in 2017 and has raised over $430,000 since its founding. The proceeds of the current crowdfunding campaign, with a minimum raise of $10,000 and a maximum raise of $249,999, will be used for user acquisition, technology, fixed operating costs, and compensation for managers. FinTron also offers educational services with its simulated trading game, lesson plans, and competitive game-play.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-175,406

$-48,152

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$75,105

$1,511

Accounts Receivable

$0

$0

Total Assets

$106,592

$23,998

Short-Term Debt

$9,000

$0

Long-Term Debt

$30,000

$0

Total Liabilities

$39,000

$0

Financials as of: 05/27/2020
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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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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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FinTron on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $4,652,615
Price per Share: $1.10

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