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Security Type
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CAFES
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Categories
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Technology, Entertainment, Retail, Financial Services, Community & Lifestyle
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Min Investment
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$100
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Expected Close Date
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April 30, 2023
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Target Raise
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$50.00K-$250.00K
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No. Investors
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6
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Security Price
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$1
- Number of Employees
- 5
- Cash
- $11,586
- Revenue
- $0
- Short Term Debt
- $0
- Cost of Goods
- $0
- Long Term Debt
- $0
- Net Income
- $0
Company Description
💫 Available in 175 countries on Apple AppStore and Google PlayStore
💰 Global Addressable Market : 3.8B Mobile Users, $12T Digital Economy, $27T Financial Services
🤝 Partnered with Google, Apple, Visa, MasterCard, Stripe, Mercury Bank, & more
💪 Founding team has founded and invested in global & regional businesses
🚀 Strong unit economics and built in network effects
Management Team / Advisory Board Bios
Ali Salamat CEOAn experienced technology executive, Ali served in product, design, advertising, media, sales, finance, legal and executive leadership roles prior to launching his own technology companies. Chairman at BillPay., Pankaj Kumar CTO AndroidPankaj leads the Android team at EkChat., Vinay Bansal CTO iOSPankaj leads the iOS team at EkChat., Amanda Lim Product DesignerAmanda leads the product design team at E., Fiona Edwards Community ManagerFiona is responsible for community development initiatives at E.
Reveal the Score by Voting
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Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
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The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
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The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
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The value of the company compared to similar companies raising money from investors.
Valuation
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.
