Sagoon.com brings investment opportunity for accredited investors

Sagoon, a Washington DC based social media startup founded by Nepali immigrants to US, has announced an investment opportunity for accredited investors to buy as little as $5,000.
Sagoon plans to launch an equity crowdfunding initiative with the help of BankRoll.
The amount of capital raised will be used to expand the platform’s user base, enhance product infrastructure and develop and launch mobile app.
Govinda Giri, Founder of Sagoon said, “ team has been working diligently to ensure Sagoon solves the negative aspects users experience on popular social media sites.”
Thanks to the US JOBS Act, we are able to reach people who are passionate about the mission and also offer those individuals the opportunity to participate in helping us change the world, Giri added.
Kandella Almercio, CEO of BankRoll, a JOBS Act and equity crowdfunding platform and one of the top crowdfunding and JOBS Act lawyers in the United Stated said, “At BankRoll, we are excited to help the Sagoon team use these revolutionary new laws to raise capital online, so they can expand and grow their business and realize their global social commerce vision.”
Later this year, Sagoon will introduce its Social Smart Card which compensates users for interacting with the site’s features. Users receive a free Smart Card when they create a profile and join the Sagoon community. From there, registered users may buy and send gift cards to stay connected to friends and family. All the smart card users will receive 5% back on all the transactions.
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