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.