Super Processor (2023)
About this raise
Super Processor, with a valuation of $70 million, is raising funds on Dalmore Group. The company has developed a credit card network to support new and underserved industries, like cannabis and cryptocurrency. The company’s platform is supported by a core payment processing technology that forms the foundation of the proprietary platform. Super Processor has signed its merchants and bank partners and working on strong partnerships. Michael W.K. Tsang and Dress Wedding founded Super Processor in October 2014. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5 million. The campaign proceeds will be used for credit card loans and loan costs, staff, technology, corporate insurance, marketing, and operating costs.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Dalmore Group
- Start Date
- 12/26/2022
- Close Date
- 01/12/2023
$25,000
$5,000,000
$510
Equity - Common
RegCF
$0.68
$70,000,000
Company & Team
Company
- Year Founded
- 2014
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Las Vegas, Nevada
- Company Website
-
Visit Website
Team
- Employees
- 13
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/31/2023 | Mundial Financial Group | $70,000,000 | - | Equity - Common | Not Funded | RegCF |
| 01/12/2023 | Dalmore Group | $70,000,000 | $0 | Equity - Common | Not Funded | RegCF |
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.