Short-term Financing Market Leader in Vietnam

Fvndit is serving the small businesses in one of the fastest growing economies in the world


Our wholly-owned subsidiary, eLoan, JSC, launched in 2017 and has facilitated over $6.5M in loans disbursements.

This is a US-compliant offering pursuant to applicable Regulation D (506c) and Regulation S exemptions of the SEC.

About Us

We are a California- and Vietnam-based fintech company, focused on solving the working capital problems for SMEs.

We're using technology to make the underwriting and financing process seamless.

We own and operate eLoan, the #1 online Peer-to-Peer (P2P) funding and investing marketplace in Vietnam for small businesses.

How It Works


Business Model

This is the simplified business model of our P2P Marketplace in Vietnam.

Investors are earning 15-20% per annum investing on eLoan marketplace.

Post-STO Fvndit Business Model

* The above is a simplified depiction of our business process for illustrative purposes only, not to be construed as investment guidelines.

"Before Fvndit we had to balance between export and domestic clients, but not anymore. Our export payment cycle is as fast as domestic now and we have doubled our export volume in the past 12 months."

Market Size and Numbers

There are over 600,000 SMEs in Vietnam and the number is growing by over 14% per annum with the current absolute growth being over 100,000 new SMEs registered per year.

Growing exports only exacerbates the problem as SMEs face longer payment receivable cycles, often up to 90 days. Exports to the US alone jumped 40.2% in the first three months of 2019 from a year earlier.

Obstacles of conducting business in Vietnam for SMEs

Displayed as percentage of SMEs

Access to Finance/Credit
   39.4%
Anti-competitive Practices
   35.3%
Access to Land
   28.3%
Electricity
   26.7%
Transport
   24.2%
Inadequately Educated Workforce
   23.7%
Tax Rates
   16.5%
Tax Administration
   12.4%
Corruption
   9.5%

$241 billion Total GDP

(2018, IMF)

Over 50% Of GDP from SMEs

(2018, IMF)

International trade as a share of GDP in 2017

Among top 20 most populous countries

Vietnam
   200%
Thailand
   122%
Germany
   87%
Mexico
   78%
The Problem
Lack of Working Capital

SMEs often have to wait up to 90 days on their receivables from overseas clients. Banks don't like to lend to small enterprises and the approval processes take long.

The Solution
Online Short-Term Financing

Fvndit enables SMEs to get access to working capital based on their trade receivables in less than 24 hours from submitting the application at a competitive rate.

Team

Tan Tran

CEO

Trung Vo

COO

Tom Tran

CTO

Kaur Kirikall

CMO

Zwan Ross Lee

Head of BD

Kentwell Kwok

Head of IR

Advisors

Simon Riveles

Legal Advisor

Robin Sosnow

Legal Advisor

Richard Oravec

Capital Market Advisor

"We had been exporting wooden furniture to the United Kingdom for over 5 years, but reached a plateau. We leveraged Fvndit to expand to France and Spain."

About Digital Security Offering

We’ve reached a stage, where the only thing stopping us from growing faster is the amount of capital needed to meet the demand.

We are already disbursing $1M USD per month on our platform with 10% organic month-to-month growth, but with additional capital we could accelerate our growth.

Conducting a capital raise through a US-compliant offering allows global investors to participate in our growing business and be part of Vietnam's growing economy.

Proceeds from the raise will allow Fvndit to act as the lender (investor) in our own platform and pay quarterly dividends to our shareholders.

Offering Details

Company Name Fvndit, Inc.
Country of Incorporation USA
Company Address 7545 Irvine Center Dr., Ste. 200, Irvine, CA 92618, USA
Offering Regulation U.S. SEC Regulation D (506c) and Regulation S
Equity Type Non-Voting Preferred Equity
Shareholder Rights Dividend and Financial Rights
Accepted Currencies USD, BTC, ETH
Restricted Areas China, North Korea, Cuba, Iran, the Crimea Region or any other country that is the subject of country-wide or territory-wide sanctions
KYC & AML Required
Accredited Investor Status Required

$10M USD

Target Raise Amount

$1.00 USD

Price Per Share

21.95%

Equity Stake of Shares for Sale

10%

Intended Annual Dividend per Share

Why Invest in Fvndit

Experienced Team

A professional team with 50+ years of banking and consumer product scaling experience.

Proven and Working Business

Fvndit P2P platform is fully functional and post-revenue with 10% month-to-month growth.

SEC-Compliant Asset-backed Token

Fvndit token offering is the first in the region, making it the only US SEC-compliant way to invest in the Vietnamese market.

Potential Quarterly Dividends

Fvndit plans to pay $0.10 USD dividend per token to the STO investors and token holders with potential increase in absolute return per token in the future.

Rapidly Growing Market

The Vietnamese SME market is growing by over 14% per annum with the current absolute growth being over 100,000 new SMEs registered per year.

Potential Exit

Fvndit Tokens are equity securities, and Fvndit intends to list the Fvndit Tokens on a securities exchange after the lock-up period expires.

Roadmap

Q2 2019

Launch digital security campaign

Scale and streamline operations

Q3 2019

Add insurance partner and other banking partners

Start expansion plans to other cities

Launch Affiliate Program

Q4 2019

Launch direct lending products

Add KYC/AML automation

Push for regulatory sandbox acceptance

Q1 2020

Launch advance payroll program and Mobile Wallet

Deploy enterprise API

Increase loan limits

Open operations in Mekong Delta

Q2 2020

Start listing process for token

Kick off initial blockchain adoption

Onboard institutional partners

Open new operations in Hanoi

Q2 2019

Launch STO campaign

Start 1st phase of token sale

Scale and streamline operations

Q3 2019

Start 2nd phase of token sale

Add insurance partner and other banking partners

Start expansion plans to other cities

Launch Affiliate Program

Q4 2019

Complete final phase of token sale

Launch direct lending products

Add KYC/AML automation

Push for regulatory sandbox acceptance

Q1 2020

Launch advance payroll program and Mobile Wallet

Deploy enterprise API

Increase loan limits

Open operations in Mekong Delta

Q2 2020

Start listing process for token

Kick off initial blockchain adoption

Onboard institutional partners

Open new operations in Hanoi

Fvndit vs.

 
One Size Fits All
Documentation Requirements
Loan Duration
Approval Process
Hard Collateral
Prepayment Penalty
Credit Scoring
No
Simple
1-3 Months
< 1 Week
No
No
Unique
Traditional Banks & Lenders
Yes
Complex
> 6 Months
> 1 Month
Yes
Yes
Standard
 
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