Vodi's Crowdfunding Round Reaches More Than $60,000 Raised in One Week

Staff Report From Metro Atlanta CEO

Monday, April 24th, 2017

Vodi, the powerful new mobile messaging platform, opened its initial round of crowdfunding via the WeFunder platform on April 13 and has already eclipsed the first milestone of $50,000 raised within the first week. The round, which will close when the total reaches the $1 million mark, now has more than $60,000 committed by more than 70 investors.

"We're delighted to see that investors from around the world are excited to be a part of Vodi," said Darren Lu, Vodi founder and CEO. "We believe we have a great product, and we're glad to see that so many people agree. The momentum we're gaining here will enable and inspire us to make Vodi even better, and then we'll be able to give back even more to both our investors and our users."

Vodi exited its beta phase at the start of the year and soon after served as the Official Global Fan Vote Sponsor for Miss Universe, is growing quickly – the user base has jumped from 300,000 at the beginning of January to more than 1.2 million now. The app is due for more explosive growth in the near future, too, as it will serve as a voting platform for several national pageants around the world in the months of May, June and July.

By generating revenue with every purchase on the app of the various fintech and telecom products offered (U.S. and international eGift cards, worldwide prepaid mobile plan recharges, international calling and – coming soon – bill payment and money transfer), Vodi claims a total addressable market in excess of $1 trillion. The app will also soon launch an exciting and non-disruptive way that users can earn additional in-app rewards when they browse multimedia ads, and this platform also generates more revenue for Vodi.

Between a successful start to its crowdfunding effort, participation in hugely popular global events in the coming months and its massive earning potential, Vodi is poised to seize a prominent position in the mobile messaging and fintech markets. Potential investors interested in the opportunity to own a part of this fast-growing company should visit Vodi's profile at www.wefunder.com/vodi and act quickly, as the round is set to close once the $1 million goal is reached.