Fvndit is a USA- and Vietnam-based fintech company, focused on solving the working capital problem for SMEs. The company is post-revenue and fully operational. The team is comprised of software engineers, UX/UI designers, data analytics experts, trade finance analysts, and banking veterans across 2 locations: Irvine, CA and HCMC, Vietnam. Trade finance is an age-old industry dominated by banks that focus on large, established corporate customers. Fvndit is using technology to re-build core parts of the business funding infrastructure and make the underwriting and financing seamless for small businesses. Our main product is post-invoice financing. Our wholly-owned subsidiary, eLoan, JSC (https://eloan.vn), operates an online Peer- to-Peer (P2P) funding and investing marketplace in Vietnam, our current local market. eLoan was launched in late 2017 and has facilitated over $5M USD in loan disbursements with zero loan loss. Going forward, we’re aiming to offer additional SME-focused financial technology services in Vietnam as well as in other countries in SE Asia where economic growth is expected to remain strong for decades to come. Our mission is to level the playing field for small businesses located in emerging markets and to provide them with simplified financial services at the click of a button.
Fvndit wholly-owned subsidiary in Vietnam, eLoan, is the leading SME short-term financing platform in Vietnam with over $5M USD in disbursements and without any outside capital.
We’ve reached a stage, where the only thing stopping us from growing is the amount of money we have, to give out at 15%-20% interest per annum.
Today we are looking to attract $10M USD for loan funding activities through a US SEC-compliant security token offering.
Here are 4 reasons why we believe it’s a good opportunity:
* Our operational setup in Vietnam and the risk model have allowed us to maintain 0% non-performing loans and 10% month-to-month growth since 2017;
* Conducting our security token offering through a US entity that owns the Vietnamese subsidiary allows us to easily include foreign capital in the P2P marketplace today and in the future.
* Our security token holds financial (equity) and dividend rights.
* Quarterly dividends of $0.025 per token, which depending on the investment phase, is 10%-14.28% per annum.
Q2 2019
Q3 2019
Q4 2019
Q1 2020
Q2 2020
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.