Vital Card
Future of Social Credit Cards
Analytics
Raised to Date: $799,799
Aggregate Commitments $
StartEngine
11/20/2020
04/30/2021
$9,999
$1,069,999
$500
Equity - Common
RegCF
Seed
$10,022,952
Weekly Commitments $
Active
02/28/2021
59
7,999%
75%
$7,998
657
New York, New York
Financial & Insurance Products & Services
Fintech
B2C
Low
Low
Vital Card, with a pre-money valuation of $10 million, is raising funds on StartEngine. It is the world’s first social credit card that pays users for spending and sharing responsibly. The card leverages social gamification and the gig economy and provides up to 5% cashback on all spendings. Chris Bridges, Adam Spencer, and Vincent Bradley founded Vital Card in 2017. The current crowdfunding campaign has a minimum target of $9,999.24 and a maximum target of $1,069,999.02, and the funds will be used to speed up product development and reach the target market. The pre-launch campaign of Vital Card went viral. The company has 150,000 new waitlist members and a partnership with Evolve Bank and Trust.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-668,129 |
$-1,257,471 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$44,782 |
$174,822 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$210,939 |
$285,319 |
|
Short-Term Debt |
$56,921 |
$13,173 |
|
Long-Term Debt |
$2,594,980 |
$0 |
|
Total Liabilities |
$2,651,901 |
$2,058,153 |
Ratings
Ratings Platform - Beta Trial
Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.
For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.Other Deals
Cortex on Wefunder
Digital ad spend in the U.S. alone came in at over $92B for 2020
Manta Biofuel on Republic
The global oil and gas market was $3 trillion in 2019. The U.S…
R3 Printing on StartEngine
The R3 Printing team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for…