STOs: 88
Upcoming: 0
Main sale: 8
Funded: 9
Follow us on Telegramand Twitter

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:
7545 Irvine Center Dr., Ste. 200 Irvine, CA 92618, USA
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
Q3 2019
Start 2nd phase of token sale

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
Q1 2020
Launch advance payroll program and Mobile Wallet

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

Team members (6)

team
Tan Tran
CEO
team
Trung Vo
COO
team
Tom Tran
CTO
team
Kaur Kirikall
CMO
team
Zwan Ross Lee
Head of BD
team
Kentwell Kwok
Head of IR

Advisors (3)

advisor
Simon Riveles
Legal Advisor
advisor
Robin Sosnow
Legal Advisor
advisor
Richard Oravec
Capital Market Advisor

Other STOs