NetWire
Early Stage
Internet-based payments
Overview
Raised: $35,724
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/27/2024
Days Remaining
31
% of Min. Goal
357%
% of Max. Goal
33%
Likelihood of Max
Avg. Daily Raise
$59
Momentum
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Year Founded
2022
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
NetWire, with a valuation of $6.8 million, is raising funds on NetCapital. It is a payments processing company that uses the internet and cryptocurrency to process payment transactions. The business offers convenient and real-time payments in any currency using email or cell phone. NetWire charges a fee per transaction and has also negotiated an agreement for international payments. Shannon Carmody Keyes founded NetWire in June 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $106,999. The campaign proceeds will be used for technology, marketing, and general and administrative expenses.
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-1,300,000 |
$0 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
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 |
Financials as of: 08/04/2022
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