Normal Finance

Normal Finance

Early Stage

Neobanking for crypto investors with free and instant fiat to crypto trading

Neobanking for crypto investors with free and instant fiat to crypto trading

Overview

Raised to Date: Raised: $83,255

Total Commitments ($USD)

Platform

Wefunder

Start Date

07/11/2022

Close Date

08/07/2022

Min. Goal
$50,000
Max. Goal
$107,000
Min. Investment

$100

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$2,500,000

Valuation Cap

$3,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/30/2022

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,084

# of Investors

50

Momentum
Funded
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Year Founded

2022

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Middletown, Delaware

Business Type

High Growth

Normal Finance, with a valuation of $3 million, is raising funds on Wefunder. The company has developed a platform for crypto investors to provide free and instant fiat to crypto trading. The neobanking service helps in buying and selling crypto and allows conversion between fiat and crypto with instant settlement. Normal Finance has been accepted into Antler Startup Accelerator and has a waitlist of over 120 users ready to get started. Joshua Blew founded Normal Finance in January 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $107,000. The campaign proceeds will be used for a startup benefits program, savings and monthly burn, a debit card program, and legal memos.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$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

Financials as of: 07/11/2022
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Normal Finance on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $3,000,000

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