Smart Biometric Technology

Smart Biometric Technology

Early Stage

WORLD'S FIRST AND ONLY PAYMENT CARD DESIGNED FOR DIGITAL CURENCY STORAGE AND REAL TIME PAYMENTS AT CHECKOUTS AND MOBILE PHONES

WORLD'S FIRST AND ONLY PAYMENT CARD DESIGNED FOR DIGITAL CURENCY STORAGE AND REAL TIME PAYMENTS AT CHECKOUTS AND MOBILE PHONES

Overview

Funding data not publicly available
Platform

Self Managed

Start Date

12/06/2023

Close Date

Not Provided

Min. Goal
$5,000
Max. Goal
$2,500,000
Min. Investment

$5,000

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$0.50

Pre-Money Valuation

$25,350,000

Year Founded

2022

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Las Vegas, Nevada

Business Type

Growth

Smart Biometric Technology is raising funds independently through Reg A+ crowdfunding. The company is using innovative technology to build the world’s smallest multi-functional card reader that fits on a keychain. Smart Biometric Technology has created a card for digital money payments that is protected by the user’s fingerprint. The card is specifically designed for digital currency storage and real-time payments at checkouts and mobile phones. Chaya Hendrick founded Smart Biometric Technology in 2022. The current crowdfunding campaign has a maximum target of $2.5 million. The campaign proceeds will be used for manufacturing, sales and marketing, research and development, working capital, and general and administrative expenses.

Balance Sheet

Cash and Cash Equivalents

$51,791

Investment Securities

$0

Accounts and Notes Receivable

$0

Property, Plant and Equipment (PP&E)

$0

Property and Equipment

$0

Total Assets

$52,191

Accounts Payable & Accrued Liabilities

$3,325

Long Term Debt

$0

Total Liabilities

$149,401

Total Stockholders' Equity

$-97,210

Total Liabilities and Equity

$52,191

Statement of Comprehensive Income Information

Total Revenues

$0

Costs & Expenses Applicable to Rev

$0

Depreciation and Amortization

$0

Net Income

$-147,776

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: Mac Accounting Group & CPAs, LLP
Financials as of: 12/06/2023
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Smart Biometric Technology 12/06/2024 Self Managed $25,350,000 - Equity - Common Active RegA+

No prior online funding rounds.

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Smart Biometric Technology on Self Managed 2023
Platform: Self Managed
Security Type: Equity - Common
Valuation: $25,350,000
Price per Share: $0.50

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