HustlePay

HustlePay

[Closed for Investment] HustlePay, with a valuation of $32.2 million, is raising funds on Wefunder. The company has developed an AI-powered platform that puts all the payment sources in a single checkout. HustlePay optimizes payment choices, boosts solvency and savings, monetizes reward points, enhances liquidity from combined funds sources, and grows the value of customer solutions. The company is led by an experienced team and has letters of intent from e-commerce and payment processing companies with tens of thousands of users. Bastiaan Van Gent and Timur Mukminov founded HustlePay in April 2022. The current crowdfunding campaign has a minimum target of $350,000 and a maximum target of $1.24 million. The campaign proceeds will be used for developing and coding the API, operational setup fees, marketing, and client meetings.

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Investment Overview

Raised this Round: Raised: $0

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
07/02/2024
Close Date
11/04/2024
Min. Goal
$350,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$29,000,000

Valuation Cap

$32,235,000

Discount

10%

Company & Team

Company

Year Founded
2022
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Cheyenne, Wyoming
Business Type
High Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Bastiaan van Gent
Title
CEO
Founder Name
Timur Mukminov
Title
COO

Funding data not publicly available

Financials

 Revenue
$0
 Monthly Burn
$3,500
 Runway
5.7 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-7,650

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$25,020
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/04/2024 Wefunder $32,235,000 $0 SAFE Not Funded RegCF
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Add to portfolio
HustlePay on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $32,235,000

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