Hundy (Convertible Notes)
Funding Details
Awarder
StartEngine
Date Award
September 25, 2019
Vertical
P2P Microloans
Premoney Valuation
$4,000,000
Valuation
$4,000,000
Funding Amount
$90,500,000
Company Info
Founding Year
2016
Traction
3,500 loans originated on loan volume of $350,000. 97% active borrower retention rate. 125,000 registered users on waitlist.
Organizations Involved
StartEngine Capital, LLC
Founders
Pete Budlong, Ram Hegde, Mukesh Gami
Market
Financial Services
Location
Miami, FL, US
Coinvestors
StartEngine Capital, LLC
Company Description

Hundy is a mobile-native, peer-to-peer lending platform focused on the underserved.