Normal Finance

Normal Finance

Closed: Aug. 2022

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.

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Investment Overview

Invested this round: $83,255

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
07/12/2022
Close Date
08/08/2022
Min. Goal
$50,000
Max Goal
$107,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$2,500,000

Valuation Cap

$3,000,000

Discount

0%

Company & Team

Company

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
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Joshua Blew
Title
CEO

Financials

 Revenue
$0
 Cash on Hand
$0

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

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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
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Add to portfolio
Normal Finance on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $3,000,000

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Follow Normal Finance on Wefunder 2022

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Warning: according to the close date for this deal, Normal Finance may no longer be accepting investments.

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