CrowdForce
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 3.0m | 4.0m | 4.7m | 5.0m | 8.8m | 8.8m |
% growth | - | 33 % | 18 % | 6 % | 75 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$20.0k | Seed | ||
N/A | $150k | Seed | |
N/A | $100k | Convertible | |
N/A | Series A | ||
N/A | Early VC | ||
N/A | N/A | - | |
* | $1.8m | Seed | |
* | $1.8m | Debt | |
N/A | N/A | - | |
Total Funding | CAD2.8m |
Recent News about CrowdForce
EditCrowdForce operates in the financial technology and data collection sectors, primarily serving banks, fintech startups, consumer goods companies, and governments in emerging markets. The company leverages a vast network of local merchants to deploy digital financial services, collect payments, and gather real-time market data through its PayForce and Mobile Forms platforms. By enabling these merchants to offer digital services, CrowdForce helps bridge the gap between traditional cash-based transactions and the digital economy. The business model revolves around providing tools and networks that facilitate digital service adoption and data collection, thereby generating revenue through service fees and data analytics. CrowdForce's innovative approach ensures that even the most remote and underserved communities can access financial services and contribute to market intelligence.
Keywords: fintech, data collection, digital services, emerging markets, local merchants, financial inclusion, market data, PayForce, Mobile Forms, consumer goods.