Fvndit FVND
Invest in One of the Fastest Growing Economies
Description
We are a P2P funding and investment marketplace providing SMEs with short-term working capital based on their trade receivables.
General information
Legal
Company name:
Fvndit, Inc. (Fvndit, JSC / eLoan, JSC)
Country of incorporation:
Company address:
Restricted areas:
Citizens or people located in this areas are not allowed to participate due to legal restrictions.
China, North Korea, Cuba, Iran, the Crimea Region or any other country that is the subject of country-wide or territory-wide sanctions
KYC:
KYC stands for “Know Your Customer”. It’s the process of identity verification of the customer. Each backer is supposed to pass the KYC procedure and provide their credentials in order to participate in this STO.
AML:
The term AML (Anti-Money Laundering) refers to a variety of policies, laws and regulations aimed at combating income generation through fraud.
Asset
Asset class:
A group of securities that exhibits similar characteristics, behaves similarly in the marketplace and is subject to the same laws and regulations. The five main asset classes are equities (stocks), fixed income (bonds), cash equivalents (money market instruments), real estate, funds.
Token rights:
Tokens give their owner the right to implement investment interests. It may be dividends, voting rights, etc.
Regulation(s):
U.S. Securities and Exchange Commission (SEC)
- Regulation D (506c) and Regulation S
Token details
Symbol:
FVND
Available for sale:
11 250 000
Financial information
STO Price:
1 FVND = $0.70 - $1.00
Accepts:
USD, BTC, ETH
Minimum goal:
Minimum goal for total funds raised in an STO.
$1,000,000 USD
Fundraising goal:
Maximum goal for total funds raised in an STO.
$10,000,000 USD
Min. investment:
$10,000 USD
Additional links
Milestones
Q2 2019
Launch STO campaign
Start 1st phase of token sale
Scale and streamline operations
Start 1st phase of token sale
Scale and streamline operations
Q3 2019
Start 2nd phase of token sale
Add insurance partner and other banking partners
Start expansion plans to other cities
Launch Affiliate Program
Add insurance partner and other banking partners
Start expansion plans to other cities
Launch Affiliate Program
Q4 2019
Complete final phase of token sale
Launch direct lending products
Add KYC/AML automation
Push for regulatory sandbox acceptance
Launch direct lending products
Add KYC/AML automation
Push for regulatory sandbox acceptance
Q1 2020
Launch advance payroll program and Mobile Wallet
Deploy enterprise API
Increase loan limits
Open operations in Mekong Delta
Deploy enterprise API
Increase loan limits
Open operations in Mekong Delta
Q2 2020
Start listing process for token
Kick off initial blockchain adoption
Onboard institutional partners
Open new operations in Hanoi
Kick off initial blockchain adoption
Onboard institutional partners
Open new operations in Hanoi