• 2008 January 23

Company Description

40Billion, a web-based microfinance technology company, helps entrepreneurs raise funding through friends, family and connected people.

40Billion.com is the social funding network for entrepreneurs. Itâ€s like Facebook meets microfinance. Do you know how it seems really hard for entrepreneurs to raise funding? What 40Billion.com does is lets entrepreneurs use social networking to raise funding quickly, easily, and affordably so they can start and grow successful businesses. 40Billion.com, Inc. is the first Internet-based microfinance technology company serving American small businesses. The platform helps entrepreneurs raise funding more easily and more affordably through friends and family - and other people you know or are connected with - than through banks or other traditional financial institutions. Since 2008, they've facilitated over $25,000,000 in Raises, and the ultimate goal is to bridge a $40,000,000,000 funding gap (hence the name '40Billion').