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Status Money, with a valuation cap of $25 million, is raising crowdfunding on Republic. Status Money is a social network and hybrid budgeting application that helps users create a social network for their finances. The members of Status Money can share financial tips with their peers, compare financial data, and make intelligent financial decisions. Status Money was founded by Majd Maksad and Korash Hernandez and has raised $9 million since its inception. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $250,000. Status Money has $1.1 million as the projected revenue for 2019 and $7.8 million for 2020. The platform has more than 263,000 registered users, with a 93% retention rate.

Source: https://www.crowditz.com/2019/10/status-money-on-republic/

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