Pigeon Loans
About this raise: Pigeon Loans, with a valuation cap of $3.9 million, is raising crowdfunding on Wefunder. The company has developed a global lending platform that makes borrowing and lending simple with people you trust. The borrowers and lenders can negotiate their loan terms, create contracts, and track their payments through the platform. Brian Bristol and Anna Matilde Tanga founded Pigeon Loans in June 2020. The proceeds of the current crowdfunding round, with a minimum goal of $50,000 and a maximum goal of $468,000, will be used for digital marketing, technical development, and platform enhancements. Pigeon Loans has a pending patent in the US and is growing by 367% month-over-month.
Investment Overview
Invested : $154,150
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 03/30/2021
- Close Date
- 09/30/2021
$50,000
$468,000
$100
SAFE
Pre-Seed
RegCF
$3,900,000
0%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/30/2021 | Wefunder | $3,900,000 | $154,150 | SAFE | Funded | RegCF |