Loanspet

EV Finance

Limited Liability Company (LLC)

Aug 07, 2007 Founded

1001-5000 Employees

Saving & Loan Association

About

A savings and loan association (S&L), or thrift institution, is a financial institution that specializes in accepting savings, deposits, and making mortgage and other loans. The terms "S&L" or "thrift" are mainly used in the United States; similar institutions in the United Kingdom, Ireland and some Commonwealth countries include building societies and trustee savings banks. They are often mutually held (often called mutual savings banks), meaning that the depositors and borrowers are members with voting rights, and have the ability to direct the financial and managerial goals of the organization like the members of a credit union or the policyholders of a mutual insurance company. While it is possible for an S&L to be a joint-stock company, and even publicly traded; in such instances it is no longer truly a mutual association, and depositors and borrowers no longer have membership rights and managerial control. By law, thrifts can have no more than 20 percent of their lending in commercial loans — their focus on mortgage and consumer loans makes them particularly vulnerable to housing downturns such as the deep one the U.S. experienced in 2007.
Associated with
Also known as evfinance
Legal Name eV FInance private limited
Regulation and compliance At the beginning of the 19th century, banking was still something only done by those who had assets or wealth that needed safekeeping. The first savings bank in the United States, the Philadelphia Saving Fund Society, was established on December 20,
Advocacy he savings and loan association became a strong force in the early 20th century through assisting people with home ownership, through mortgage lending, and further assisting their members with basic saving and investing outlets, typically through pas

Board & Advisors

Board & Advisors

profile photo
Olive saran

Team

Current Team Members

profile image
Executive, exe
profile image
Board Observer, bo

Affiliates

Performance

IPO & Stock Price

EV Financeregistered under the ticker :STKSYMBOL 2.

Opened on

Nov 30, 2019

Delisted on

Jan 31, 2020

Valuation

$350 K

EV Financeregistered under the ticker :ASDSA.

Opened on

Jun 12, 2019

Delisted on

Sep 30, 2019

Valuation Raised Share Price Number of Shares Outstanding

$1 M

$2 M

$30 K

3,222

23,223

EV Financeregistered under the ticker Nasdaq:QWEE.

Opened on

Nov 30, 2019

Delisted on

Dec 31, 2024

Valuation Raised Share Price Number of Shares Outstanding

$15.5 M

$250 K

$24 K

125

250

EV Financeregistered under the ticker :FINANCE STOCK SYMBOL.

Opened on

Sep 26, 2019

Delisted on

Dec 31, 2019

Valuation Raised Share Price Number of Shares Outstanding

$111.11 K

$22.22 K

$50 K

23

22

Funding Rounds

Series A
$23.21 M At a $21.31 Kvaluation Closed Dec 31, 2019 Closed
Jun 01, 2019
Size of Raise $21.21 K
COU (Co-ownership units, JV units)
User profile

Barbie Aron

Lead Investor
$10 K Marketing fund
User profile

eVenturers

Lead Investor
$20 K Marketing fund
$30 K Marketing fund
User profile

Eventurers mail

California
$30 K Marketing fund
User profile

Barbie aron Aron

Lead Investor EV Finance
$20 K Marketing fund
User profile

olive saran

Lead Investor
$123.12 K wqwe
view more
Private Equity
$2.12 K At a $122.12 Kvaluation Closed Sep 25, 2019 Closed
Jan 01, 2019
Size of Raise $12.31 K
DCT (Digital coins or tokens)
User profile

olive saran

$3.22 M Marketing fund
Series H
$2.31 M At a $131valuation Closed Dec 26, 2019 Closed
Oct 28, 2019
Size of Raise $231
CMS (Common shares)
User profile

olive saran

$123.12 K dasa

Acquisitions

EV Finance has acquired 3 organization(s). The latest acquisition was EV Graphics gmail on Nov 30, 2019.

EV Graphics gmail $5 M

Announced on Nov 30, 2019

Completed on Dec 31, 2019

EV Graphics gmail acquired by EV Finance
Paid With

BND (Bonds)

Acquisition Status

Pending

Acquisition Type

Management Buyout

Disposition

Separate Entity

Aquisition Terms

-

eVenturers $250 K

Announced on Sep 26, 2019

Completed on Sep 30, 2019

eVenturers acquired by EV Finance
Paid With

BND (Bonds)

Acquisition Status

Pending

Acquisition Type

Merger

Disposition

Separate Entity

Aquisition Terms

-

eVenturers $150 K

Announced on Jan 01, 2019

Completed on Sep 30, 2019

eVenturers acquired by EV Finance
Paid With

BND (Bonds)

Acquisition Status

Complete

Acquisition Type

Merger

Disposition

Separate Entity

Aquisition Terms

-

Performance to Investors

Dividends Paid
2025 $150 M
2021 $15.4 M in aggregate
Interest Paid
2026 2345555 % per week
2025 10 % per quarter

Investments Made

Series C
Closed Dec 04, 2019
CMS (Common shares)
Fund Name finance fund
Amount Invested $32.42 M
profile image

mortagage add imp Lead Investor

 
Pre-Seed
Closed May 31, 2020
CMS (Common shares)
Fund Name ev finance fund
Amount Invested $12.35 K

Loan Portfolio

Commercial Real Estate LoansSouth Wales, Frankfurt

10 Loans

SIZE
Smallest Largest Outstanding
$2.5 K $125.6 K $500 K
Interest Rate
Lowest Highest AVg
6.5% 10.5% 8.5%
Time to Maturity
Soonest Latest AVg
Feb 29, 2020 Feb 29, 2020 50 Months
Loan to Value
Lowest Highest Avg
50% 600000% 5000%
Position
Lowest Highest AVg
1st 5th 2nd
Arrears Past due
30-Days 60-Days 90-Days 90-Days +
$7.5 K $15 K $45 K $85 K
Allocation Product Type

Allocation Product Type 1

No. of Payments in Arrears

50

Total Amount in Arrears

$50 K

Average Loan Status

D - Delinquent on payments not up to date

No. of Loans in Default

200

No. of Loans in Foreclosure

50

1231212312

25 K Loans

SIZE
Smallest Largest Outstanding
$12.31 K $12.31 K $12.31 K
Interest Rate
Lowest Highest AVg
123% 123% 123%
Time to Maturity
Soonest Latest AVg
    123 Days
Loan to Value
Lowest Highest Avg
123% 123% 123%
Position
Lowest Highest AVg
123rd 123rd 123rd
Arrears Past due
30-Days 60-Days 90-Days 90-Days +
$123 $12 $12 $123
Allocation Product Type

1231

No. of Payments in Arrears

123

Total Amount in Arrears

$12

Average Loan Status

No details provided

No. of Loans in Default

23

No. of Loans in Foreclosure

123

Risks

Risk Details

No result

Offerings

No result

Documents

Files

Annexure-KYC-Individual.pdf

386.6 KB

KYC

Download
Feedback