What we do: Instead each user having one static number, each Final credit card comes with millions of card numbers. For every new transaction Final generates a unique card number and manages all the numbers automatically, allowing for greater security and super accurate fraud detection.
Why it's a big deal: Over $200 billion is lost every year to credit card fraud, because we still rely on one number to secure all our money. With Final, users will never have to worry about fraud and credit card theft again. If a card is hacked users can alert Final immediately via the app, Final cancels the unique number right away and locates the retailer where the card was compromised. For the first time in 70 years card holders can rest easy their cards are actually secure. It’s no wonder 37,000 people have already signed up.
Raised $1 million in seed funding
37,000 people waitlisted for beta, available Q3/Q4 of 2015
Card reduces fraud from in-person transaction by up to 80%
The goal with Final is to re-envision how consumers interact with their financial institutions, in a way that allows them to have more control over their payments and relationships with merchants and other service providers.
Aaron has worked as a software developer for Simple Energy and Fitfeud. He founded Student Sherpas and is a graduate of Y Combinator and Techstars.
Andrew has driven marketing strategy for a variety of entrepreneurs. He was a Senior Manager at Simple Energy and has an MBA from Duke University.
Matt has worked as a software engineer for the National Library of Medicine. He was a founder of Cube and has a B.S in Computer Science
249 startups have raised $82,978,386 on Wefunder
Wefunder supports three different federal laws that allow startups to raise money legally. To comply with the law, Wefunder Advisors LLC and Wefunder Portal LLC (both owned by Wefunder Inc) also list startups depending on the regulation used.
Legal May 16th 2016
Wefunder Portal LLC
for 164 startups
Wefunder Advisors LLC
for 92 startups
for 1 startup
We are the largest funding portal for Regulation Crowdfunding.
Some fine print: 1) These numbers include startups currently live on Wefunder if they pass their minimum target. 2) Some startups use two different laws at the same time (i.e., Regulation D and Regulation Crowdfunding).
XX was built by Wefunder to invest in 20,000 new founders by 2029. In all 50 states across America. Of all backgrounds.
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