Tech Company Financing Transactions
FintruX Funding Round
FintruX, based in Richmond BC, raised $24.7 million in investment from private investors.
Transaction Overview
Company Name
Announced On
2/28/2018
Transaction Type
Token
Amount
$24,714,054
Round
Undisclosed
Investors
Proceeds Purpose
Core development: 40%. Operational: 25%. Marketing and Sales: 25%. Legal and compliance: 10%.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
2639 Viking Way 260
Richmond BC, V6V 3B7
Canada
Richmond BC, V6V 3B7
Canada
Phone
Undisclosed
Website
Email Address
Overview
FintruX Network (Token:FTX) is a blockchain based online ecosystem connecting borrowers, lenders, and rated service agencies. FintruX facilitates marketplace lending in a true peer-to-peer network to ease the cash-flow issues of small businesses and startups.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nelson Lin
Chief Operating Officer
Conrad Lin
Chief Technical Officer
Gary Ng
Browse more venture capital transactions:
Prev: 2/28/2018: Lympo venture capital transaction
Next: 2/28/2018: Spring Discovery venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs