Stealthy payment platform completes $500,000 mezzanine financing


Clinkle successfully closed its $500,000 unsecured Class A convertible promissory note offering which was initiated last month. A single investor subscribed to the non-brokered placement. The investor is believed to be Sir Richard Branson. The company raised an estimated $25 million in seed funding this year.

Clinkle is in stealth mode and is said to be developing a platform to modernize the way people transact. The company is planning to introduce its payment platform next year and is developing iOS and Android applications.

Lucas Duplan (Chief Executive Officer) leads the San Francisco CA based company which was registered in 2012. Clinkle elected not to disclose its revenues.

Offering recap:
Status: Completed/Final close
Company: Clinkle
Industry: Other Technology
Amount offered: $500,000
Amount placed: $500,000

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