New Impact Offerings, Fingerprint Payments, Beat the Stock Market, Mortgage Loans to Pet Poop Solutions, Empowering Entrepreneurs, and Crowdfunding Success Stories
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Brooklyn Grocery Cooperative Featured Among New Impact Offerings – September 16, 2024
Each week, Superpowers for Good shares a list of new impact-related offerings added to FINRA-Registered Crowdfunding portals and by broker-dealers. We’ll share four separate lists:
Impact offerings determined by our proprietary analysis.
Offerings with minority founders.
Deals with women founders.
Those with LGBTQ founders.
Sometimes, it takes weeks for our source to determine that a company has a social impact, a woman, minority or LGBTQ founder. When we discover an offering qualifies for our list, even if it is no longer new, we will include it. See the lists below.
OVE Touch & Go: A New Way to Pay with Just a Fingerprint
tl;dr:
Inspiration for Innovation: Caio Buchalla, CEO of OVE Touch & Go, was inspired to create a fingerprint-based payment system after experiencing the inconvenience of being unable to buy coconut water during a run without his phone, wallet, or watch.
Secure and Simple Payments: The Technology developed by OVE Touch & Go allows users to link their bank accounts and credit cards to their fingerprints. This simplifies transactions and enhances Security, reducing the risks associated with traditional payment methods.
Advanced Fingerprint Technology: To address challenges like dirty or altered fingerprints, the company uses advanced sensors, including capacitive and ultrasonic fingerprint technologies, ensuring reliable identification under various conditions.
User Convenience and Rewards: OVE Touch & Go offers a feature called “OneTouch AI” that intelligently selects the best credit card for each transaction, maximizing rewards for users without requiring them to keep track of complex points programs.
Crowdfunding for Growth: The company is currently raising capital through a regulated investment crowdfunding campaign on StartEngine. This provides a democratic way for individuals to support and invest in the company’s vision for a simpler, more secure payment system.
Can I Beat the Stock Market with Impact Crowdfunding Investments?
Understanding the Stock Market’s Performance
The stock market, represented by the S&P 500, has experienced extreme highs and lows. For instance, between June 1932 and June 1933, it yielded a record gain of 162%. Conversely, it also endured a steep loss of 67% between September 1930 and September 1931. More recently, during the 2008 financial crisis, the S&P 500 saw a 56.8% decline over roughly a year and a half.
Despite these fluctuations, the average long-term return for the S&P 500 hovers around 10%. However, earning a steady 10% over the long haul requires impeccable Money management with no room for mistakes or excessive fees. This brings us to the central question: Can impact crowdfund investments offer a path to similar or better returns while contributing positively to society?
From Mortgage Loans to Pet Poop Solutions: Sandy Stinson’s Entrepreneurial Journey
tl;dr:
Introduction to Sandy Stinson: Sandy Stinson, President of GoodWag, shares her journey as an entrepreneur, highlighting her background as a mortgage loan officer and her natural inclination towards risk-taking.
GoodWag’s Product Story: The origin of GoodWag began with the creation of the “poop pail,” a solution for dog waste disposal developed out of personal need. Sandy tested the product’s market viability through a crowdfunding campaign in March 2021, raising $500,000 in 30 days.
Challenges in Manufacturing: Sandy discusses her struggles with manufacturing during the COVID-19 pandemic, including supply chain issues and setbacks with manufacturers. Despite delays, she overcame obstacles to successfully bring her product to market.
Sales and Expansion: Since launching the product on their website in late 2022, GoodWag has sold over a million dollars worth of poop pails. The company is currently exploring new products and has launched a regulation crowdfunding campaign on StartEngine to support its growth.
Empathy as a Superpower: Sandy identifies empathy as her superpower, using it to understand and solve customer problems, both in her previous mortgage career and in her current business. She emphasizes the importance of listening to customer feedback to improve products and services.
Empowering Entrepreneurs: Navigating Regulated Investment Crowdfunding and Capital Raising
This webinar was originally shared by the Crowdfunding Professional Association.
This insightful webinar, hosted by the Crowdfunding Professional Association (CfPA) and the SEC’s Office of the Advocate for Small Business Capital Formation, explored essential tools and resources for startups and Small Businesses on their capital-raising journey. Participants gained valuable knowledge about navigating regulatory requirements and mastering key financial market strategies. If you missed it, catch up on the key takeaways and enhance your fundraising efforts!
Discover This Week’s Crowdfunding Success Stories 🎉
Every Sunday, we bring you a roundup of the most successful crowdfunding campaigns that have achieved their funding goals. Join us to celebrate the impact and innovation that these ventures have brought to life. Don’t forget to check tomorrow’s email for more exciting updates!
Max-Impact Members
The following Max-Impact Members provide valuable financial support to keep us operating:
Carol Fineagan, Independent Consultant | Lory Moore, Lory Moore Law | Marcia Brinton, High Desert Gear | Ralf Mandt, Next Pitch | Sheryle Gilihan, CauseLabs |
Upcoming SuperCrowd Event Calendar
If a location is not noted, the events below are virtual.
Superpowers for Good Live Pitch, September 25, 2024. The Live Pitch will stream simultaneously to the e360tv network, Facebook, Linkedin, YouTube and Superpowers for Good. We hope for an audience of thousands! Watch the pitch and invest in the best!
Impact Cherub Club Meeting hosted by The Super Crowd, Inc., a public benefit corporation, on October 15, 2024, at 1:00 PM Eastern. Each month, the Club meets to review new offerings for investment consideration and to conduct due diligence on previously screened deals. To join the Impact Cherub Club, become an Impact Member of the SuperCrowd.
SuperCrowdHour, October 16, 2024, at 1:00 PM Eastern. Each month, we host a value-laden webinar for aspiring impact investors or social entrepreneurs. At October’s webinar, Devin Thorpe will provide an in-depth answer to the question, “How to Assess Your Crowd’s Potential for Investing?” Free to attend.
SuperCrowd Mastermind Group, twice monthly on the 1st and 3rd Thursdays at noon Eastern. This group is for entrepreneurs and small business owners interested in raising money from the crowd. Attend your first meeting free!
Community Event Calendar
Successful Funding with Karl Dakin, Tuesdays at 10:00 AM ET – Click on Events
Community Revitalization, Thursdays, 10:00 AM Eastern.
Community Capital Alternatives for Outdoor Recreation Challenges, Kathleen Minogue of Crowdfund Better speaking at American Trails, October 3, 10:00 AM, free.
Main Street Skowhegan and NC3 Entrepreneur Finance Workshop Series, September 17 – November 19, 2023.
Krishi Janani PBC Crowdfunding Virtual Office Hour, Sep 21, 2024, Noon Eastern.
Investment Week 24, October 19-20, 2024, Los Angeles.
Crowdfunding Professional Association, Summit in DC, October 22-23
If you would like to submit an event for us to share with the 8,000+ members of the SuperCrowd, click here.