FINN

FINN

Consumer fintech backed by Raksul founder Yasukane Matsumoto

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Min Investment
$3,500
Offering Date
January 30, 2023
Expected Close Date
March 02, 2023
Valuation
$10,000,000
Website
no web site in lustro

Company Description

Monthly pay cycles offer benefits to organizations in terms of managing payroll efficiently, but provide issues for employees who need to pay bills all month long. Research in Britain for example found that 37% of employees face financial hardship every month and struggle to make their wages last until their next payday.

Key Deal Facts

Since launch, 99% MoM growth, 6x LTV/CAC ratio, 100% net revenue retention
8k+ users and counting | Projecting 250k by end of 2023
Projecting $6M net run rate by end of 2023 and $60M by end of 2024
Technical integration with a major Thai bank exp. to increase conversion
Founded by entrepreneurs with experience in South East Asia
Similar model to Dave (US based) who IPO'd with a $4B valuation
Amount Raised : $0
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