Cedar Credit Builder

Cedar Credit Builder

Building the world's most innovative personal finance and credit solutions.

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Security Type
SAFE
Categories
Financial Services
Min Investment
$100
Location
Luverne, MN
Offering Date
January 15, 2021
Expected Close Date
April 30, 2021
Target Raise
$50.00K-$1.07M

Company Description

Cedar, the new way for consumers to build the credit they deserve with no credit checks, no secured funds, and no long-term commitments.

Key Deal Facts

Multiple Revenue Streams
Contracted Bank Partner
Highly Experience Founding Team
Extended Product Roadmap for Consumer Graduation
Top Industry Advisors

Use of Proceeds

$50,000

  • 50% Banking Partners, Operations & Technology Partners
  • 43.5% Development & Data Science
  • 6.5% Wefunder Fee 

$1,070,000

  • 33% Banking Partners, Operations & Technology Partners
  • 22.5% Development & Data Science
  • 15% Compliance & Fraud Prevention & Licenses
  • 13% Marketing & Customer Acquisition
  • 10% General & Administrative
  • 6.5% Wefunder Fee

Management Team / Advisory Board Bios

Adam Finke
CEO & Co-Founder
Consumer lending expert with 10+ years in finance and operations. Most recently managed a $500MM+ fintech consumer lending portfolio.

George Ulmer CTO & Co-Founder
Full stack developer with 15+ years of experience. Co-Founder & former CTO of HealthCrowd which has raised over $9.8MM to date.

Henry Szeto
Senior Developer
Full stack developer with 15+ years of experience and a leading team member of will.i.am's (Black Eyed Peas) artificial intelligence company (I.Am+).
Amount Raised : $0
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Security Description

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