Normal Finance
About this raise
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.
Investment Overview
Invested : $83,255
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 07/12/2022
- Close Date
- 08/08/2022
$50,000
$107,000
$100
SAFE
Early Stage
RegCF
$2,500,000
$3,000,000
0%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 08/08/2022 | Wefunder | $3,000,000 | $83,255 | SAFE | Funded | RegCF |