Verde Finance

Verde Finance

Early Stage

Where Instagram meets Bloomberg: The future of Social Investing

Where Instagram meets Bloomberg: The future of Social Investing

Overview

Raised this Round: Raised: $66,275

Total Commitments ($USD)

Platform

Wefunder

Start Date

05/22/2022

Close Date

04/30/2023

Min. Goal
$50,000
Max. Goal
$250,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$20,000,000

Discount

15%

Year Founded

2020

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Austin, Texas

Business Type

High Growth

Verde Finance, with a valuation of $20 million, is raising funds on Wefunder. The modern fintech company is bringing in the new age of social investing. It provides investors with reliable and affordable investment analytics and a community dedicated to financial literacy. Verde Finance includes Verde Insights, myVerde, and Verde Social and has already launched in the USA and India. Goutam Mohan and Vijay Krishnan founded Verde Finance in November 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for engineering expenses, growth, and marketing.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-12,421

$-518

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$2,081

$0

Accounts Receivable

$0

$0

Total Assets

$10,876

$0

Short-Term Debt

$14,315

$518

Long-Term Debt

$0

$0

Total Liabilities

$14,315

$518

Financials as of: 05/22/2022
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Verde Finance on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $20,000,000

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