Vodi Closes Successful Crowdfunding Round With $100,000+ Raised

The powerful financial and telecom services app received enthusiastic backing from more than 160 investors.

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Jun 29, 2017, 18:30 ET

DULUTH, Ga., June 29, 2017 /PRNewswire/ -- Vodi, the global fintech and communication services app with a worldwide footprint, has successfully completed its crowdfunding round. Having raised more than $100,000 from 160-plus investors on the WeFunder platform, the app is poised to enter its next phase and bring on several new exciting features and products in the coming months.

"We're so pleased and thankful to be welcoming all of our crowdfunding investors to the Vodi family as new shareholders," Darren Lu, Vodi founder and CEO, said. "That so many others were excited by the opportunity to be a part of our company and own a part of the app shows that our hard work is paying off, and the future for Vodi is definitely very bright."

In the two months since the crowdfunding campaign was launched, Vodi moved forward at a rapid pace: it served as the global fan vote sponsor for Miss USA in May, brought on board eGift cards for 15 new countries, introduced a new feature that allows users to earn more Vodi Coins (the app's reward credits, used like cash towards products and services) by browsing non-intrusive ad content and now is serving as a sponsor and voting platform for Miss Panama and several other national pageants this summer.

Now, with additional funding at its disposal, Vodi will be offering international bill payment, peer-to-peer money transfer and more in-demand financial and telecom services on its platform in the near future. What's more, the app will add an element of disruptiveness to the process of purchasing these products by offering them within users chats, as it does for eGift cards and prepaid mobile plan recharges.

The app's explosive growth so far this year – the user base has jumped from 300,000 users in January to nearly 1.5 million in more than 200 countries around the world now – points towards an even more exciting second half of 2017. And with a total addressable market in excess of $1 trillion between the eGift, prepaid mobile, international calling, bill pay and money transfer industries, Vodi stands to become a major player in the world of financial mobility.

For more information, high-resolution images and interview opportunities, contact [email protected] or call (678) 757-7070. Visit our blog at www.vodi.io/blog for more Vodi news.

About Our Company

Vodi is a global fintech and communication services app and an all-in-one mobile platform. It is a product of MilTec Platform, Inc., headquartered in Atlanta, Georgia (USA). Established in 2014, MilTec offers IT platforms and mobile applications. Visit us at www.vodi.io and www.miltecplatform.com.

Related Links

Vodi on the App Store

Vodi on Google Play

SOURCE Vodi