ROSCA Finance

ROSCA Finance

Financial platform that allows users to improve their credit score.

Financial platform that allows users to improve their credit score.

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

SeedInvest

Start Date

02/01/2018

Close Date

04/06/2018

Min. Goal
$200,000
Max. Goal
$600,000
Min. Investment

$500

Security Type

Debt

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

04/07/2018

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2016

Industry

Financial & Insurance Products & Services

Tech Sector

Location

Princeton, New Jersey

Who Should Be Interested:
Are you someone who has trouble saving, but really wants to be better at it? Do you want to take control of your financial health? If you said yes, then ROSCA Finance could be the investment for you. Their financial tools empower users to achieve their financial goals and improve their credit score through borrowing, saving, and investing with others.

The Company:
ROSCA Finance is a financial platform that enables and empowers users to build and improve their credit scores through borrowing, saving, and investing with friends and peers. Their methodology uses a proprietary, patent-pending cash management algorithm that’s based on the Rotating Savings and Credit Association (ROSCA) model, and it harnesses “the power of community to help people achieve financial independence.” After all, modern research shows that saving in groups can triple your success rate, and when you join Rosca, you receive access to accelerated savings, cheaper rates for borrowing, and superior returns on investments. Rosca accepts all users, regardless of credit history, and they’re partnered with Equifax and Transunion, two of the three major US credit bureaus. Since their launch, Rosca transactions have reached over $269,000, and their MoM user growth is over 50%. Plus, they’re a graduate of both the Summer 2017 Google GSV accelerator and 2016 VentureOut Fintech.

The Bottom Line:
ROSCA Finance understands the power of the people when it comes to finance. In fact, their people-powered financial tools empower their users to take control of their financial health and achieve their financial goals. Rosca is building a community where people work together -- to achieve financial independence.
Create a free account today to gain access to KingsCrowd analytics.

Funding data not publicly available

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
ROSCA Finance on SeedInvest
Platform: SeedInvest
Security Type: Debt

Follow company

Follow ROSCA Finance on SeedInvest

Buy ROSCA Finance's Deal Report

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

ROSCA Finance Deal Report

Get KingsCrowd’s comprehensive report on ROSCA Finance including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether ROSCA Finance is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the ROSCA Finance deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge