Super Processor

Super Processor

Growth Stage

FREEDOM TO BUY

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Overview

Funding data not publicly available
Platform

Mundial Financial Group

Start Date

02/01/2023

Close Date

07/31/2023

Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment

$510

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.68

Pre-Money Valuation

$70,000,000

Year Founded

2014

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

Las Vegas, Nevada

Business Type

Growth

Super Processor, with a valuation of $70 million, is raising funds on Mundial Financial Group. The fintech company is making an innovative payment processor to serve and support emerging industries. The business is currently focused on the US licensed cannabis market and plans to issue SuperNet Credit Cards to consumers for purchasing licensed cannabis and general merchandise. 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 funding, staff, technology, marketing, corporate insurance, and operation costs.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$0

$766

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-785,381

$-593,864

Summary Balance Sheet

FY 2021 FY 2020

Cash

$185,954

$979

Accounts Receivable

$0

$0

Total Assets

$265,537

$979

Short-Term Debt

$1,528,908

$1,435,289

Long-Term Debt

$160,334

$169,676

Total Liabilities

$1,689,242

$1,604,965

Financials as of: 02/01/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Super Processor 07/30/2023 Mundial Financial Group $70,000,000 - Equity - Common Not Funded RegCF
Super Processor 01/11/2023 Dalmore Group $70,000,000 $0 Equity - Common Not Funded RegCF
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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.

Employee History

Funding data not publicly available

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Super Processor on Mundial Financial Group 2023
Platform: Mundial Financial Group
Security Type: Equity - Common
Valuation: $70,000,000
Price per Share: $0.68

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