Paygevity
Regulation Crowdfunding offering on StartEngine
$39,500
of $107,000 goal
36.9% funded
About the offering
I was inspired to build Paygevity because I wanted to help small businesses get paid immediately on their invoices and disrupt the "vulture-like" commercial banking industry. I named the company Paygevity because I strongly believe that "paying businesses promptly leads directly to the longevity of a business." Paygevity is able to transform the supply chain industry through financial and technological innovation. With the explosive growth of Paygevity's fintech payment platform, PromptPay, no longer does a small business supplier have to wait 45, 60, 90 or 120 days to get paid on their invoices. No longer does a small business supplier have to take out a "crippling" working capital loan to survive. Paygevity, through the help (and capital) of its 3rd Party Funding Partners on Wall Street, is able to pay ALL suppliers IMMEDIATELY on their invoices and takes a Discount off their invoice amount that can be as low as 1.00% or even lower than 1.00%.
FAQ
How much has Paygevity raised?
Paygevity has raised $39,500 of a $107,000 goal.
Where is Paygevity's campaign listed?
The offering is listed on StartEngine, an SEC-registered Reg CF intermediary.
What are the terms of Paygevity's raise?
Convertible Debt, $5M cap, 18% discount, 4% interest.
When does Paygevity's offering close?
The stated close date is Jan 16, 2018.