Fvndit

Fvndit

ICO Ended
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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.
5.1
TOTAL SCORE
6.2
ICO PROFILE

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TEAM PROOF

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General
Website: Visit
White paper: Read
Pre-sale Time: 01 May 2019 - 31 May 2019
ICO Time: 01 June 2019 - 30 Sept 2019
Whitelist/KYC: KYC
Country: USA
Token info
Ticker: FVND
Platform: Ethereum
Token Type: ERC20
Financial
Accepting: USD, BTC, ETH
Soft cap: 1,000,000 USD
Hard cap: 10,000,000 USD
Q2 2019
Launch STO campaign.<br /> <br /> <br /> Start 1st phase of token sale.<br /> <br /> <br /> Scale and streamline operations.
Q3 2019
Start 2nd phase of token sale.<br /> <br /> <br /> Add insurance partner and other banking partners.<br /> <br /> <br /> Start expansion plans to other cities.<br /> <br /> <br /> Launch Affiliate Program.
Q4 2019
Complete final phase of token sale.<br /> <br /> <br /> Launch direct lending products.<br /> <br /> <br /> Add KYC/AML automation.<br /> <br /> <br /> Push for regulatory sandbox acceptance.
Q1 2020
Launch advance payroll program and Mobile Wallet.<br /> <br /> <br /> Deploy enterprise API.<br /> <br /> <br /> Increase loan limits.<br /> <br /> <br /> Open operations in Mekong Delta.
Q2 2020
Start listing process for token.<br /> <br /> <br /> Kick off initial blockchain adoption.<br /> <br /> <br /> Onboard institutional partners.<br /> <br /> <br /> Open new operations in Hanoi.
Tan Tran
CEO
Participates in a number of projects
Trung Vo
COO
Participates in a number of projects
Tom Tran
CTO
Participates in a number of projects
Kaur Kirikall
CMO
Participates in a number of projects
Zwan Ross
HEAD OF BD
Participates in a number of projects
Kentwell Kwok
HEAD OF IR
Participates in a number of projects
Richard Oravec
CAPITAL MARKET ADVISOR
Participates in a number of projects

Advisors (2)

Simon Riveles
LEGAL ADVISOR
Participates in a number of projects
Robin Sosnow
LEGAL ADVISOR
Participates in a number of projects
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