About this raise
Monetran, with a post-money valuation of $1.9 million, is raising funds on NetCapital. The company has combined cryptocurrency and blockchain technology to enable funds transfer and remittances, economically and faster. The system is expected to cost 70% less than traditional money transfers and reduce the delivery time from days to 3-5 seconds. Monetran was founded by Don Bielak in 2018. The current round of crowdfunding has a minimum raise of $10,000 and a maximum raise of $250,000, and the proceeds will be used for marketing, the backing of Moneda tokens, maintenance of system, expansion of team, completion and upgradation of the app, and compensation for team members. Monetran has also developed an asset-backed and redeemable token, Moneda, to function as the medium of exchange.
Investment Overview
Invested $250,000 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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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.