TrustFund on Netcapital

TrustFund is a fintech platform helping people achieve financial wellness and avoid payday/title predatory loans. We’ve experienced strong user growth and are now looking to build out the team and continue developing unique credit products.

Raise to date: $2,192

Reporting Date: 07/05/2020

Key Stats

Minimum Raise

$10,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

03/26/2020

Stop Date

07/15/2020

Days Remaining

7

Security Type

Other Security Type

Investment Minimum

$99

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

22%

% of Maximum Raised

2%

Dollars Per Day to Reach Max

$14,973

DPD* Committed

$22

DPD* Category

$0

DPD* All Companies

$2,176

Kingscrowd Momentum

$2,192

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

TrustFund, with a post-money valuation of $2.6 million, is raising funds on NetCapital. The company is doing business as Impact X Partners, LLC, and works as a fintech platform to help people achieve financial wellness. TrustFund offers its customers a debit card, which also works like a credit card in case of emergencies. The use of TrustFund platform also generates a TrustFund score that can be used as an alternative to the FICO score. TrustFund was founded by Nathan Pinto and Frank Santoni in 2019. The proceeds of the current crowdfunding round, with a minimum raise of $10,000 and a maximum raise of $107,000, will be used towards branding, new product development, customer service platform integration, and the CTO salary. TrustFund helps individuals manage their finances and also assists those overlooked by mainstream banking products.

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