FinTron (2020)

FinTron (2020)

About this raise

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.

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Investment Overview

Invested this round: $81,584

Deal Terms

Total Commitments

Platform
Netcapital
Start Date
05/28/2020
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

Company & Team

Company

Year Founded
2017
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Westport, Connecticut
Business Type
High Growth
Company Website
Visit Website

Team

Employees
9
Founder Name
Wilder Rumpf
Title
CEO
Founder Name
Matthew Fatse
Title
COO

Financials

 Revenue
$0
 Monthly Burn
$14,617
 Runway
5.1 months

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

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/03/2022 Netcapital $10,012,578 $35,958 Equity - Common Funded RegCF
12/04/2020 Netcapital $4,652,615 $81,584 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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Add to portfolio
FinTron on NetCapital
Platform: Netcapital
Security Type: Equity - Common
Valuation: $4,652,615
Price per Share: $1.10

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