Stonks Trading

Early Stage

A user-owned Stonks Platform built by, with, and for the people

Overview

Raised to Date: Raised: $351,045

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/23/2021

Close Date

06/30/2021

Min. Goal

$50,000

Max. Goal

$1,000,000

Min. Investment

$100

Security Type

Convertible Note

Series

Seed

Funding Type

RegCF

Valuation Cap

$10,000,000

Discount Rate

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/04/2021

Days Remaining
Funded
% of Min. Goal

702%

% of Max. Goal

35%

Likelihood of Max
Funded
Avg. Daily Raise

$5,162

# of Investors

356

Momentum
Funded
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Location

Windsor Heights, Iowa

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Stonks Trading, with a $10 million valuation cap, is raising funds on Wefunder. The company has developed a platform that simplifies money management and asset allocation. It also empowers the users to bank with Stonks Banking, trade with Stonks Trading, and manage the portfolios with Stonks Manager. Anthony Hughes founded Stonks Trading in February 2021. The current crowdfunding round has a minimum goal of $50,000 and a maximum goal of $1,000,000. The raise proceeds will be used towards marketing, continued Trading app development, and general operating expenses. Stonks Trading aims to allow users to visualize and manage their entire investment portfolio in one central location.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$1

$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

Financials as of: 04/23/2021
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Stonks Trading on Wefunder
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Platform: Wefunder
Security Type: Convertible Note
Valuation: $10,000,000

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