The Vault

Banking the 55M Unbanked people in the US with a digital safety deposit box

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Security Type
Technology, Retail, Crypto & Blockchain, Social Impact
Min Investment
New, TX
Offering Date
October 17, 2021
Expected Close Date
April 08, 2022
Target Raise
No. Investors
Security Price

Company Description

Large parts of the population DO NOT have access to traditional bank accounts - they are Unbanked. 55 million people in the US and nearly 2 billion people globally are excluded from the financial system.Because they’re Unbanked, it costs them US$ 3,000 yearly to NOT have a bank account. This has to stop!

Key Deal Facts

Enourmous unaddressed opportunity by both incumbents and neobanks.
Impact investment through B Corp structure and purpose-driven mission.
Global-scale and replicable model for the nearly 2B Unbanked worldwide.

Management Team / Advisory Board Bios

Vladi Kuschnerov, CEO
COO & CFO experience // Experienced builder (from $1M to $1B+) // Early Startup and high growth experience with international network (EMEA, APAC, North America) // Proven track record of M&A and exits.

Chris Spillman, CLO & CFO
Co-founded international boutique legal service provider // GC of hypergrowth Fintech // GC/CFO of BPO company (successful exit) // BigLaw private equity experience // UChicago Law, UVA grad.
Amount Raised : $144,030
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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