The thing that seems a little “off” for me on this one is the lack of previous funding you might see on the next “PayPal”.
PreSeed money of only $2.5 shows up on Crunchbase. Nothing else. Anyone else find that odd? Is it because they are not out of there Beta Stage to prove they have what they say they have?
Legit startups like this that compare themselves to the next PayPal would be doing an IPO not this reverse merger.
News • Apr 6, 2020 Crowdfund Insider — U.S. Fintech HUMBL Teams Up With One Kiosk to Pilot HUMBL Mobile Pay, HUMBL Point-of-Sale, & HUMBL Hubs Delivery Network in Nigeria Funding Round • Dec 5, 2019 HUMBL raised $2,500,000 / Pre Seed Discover more funding rounds Details Industries Financial Services FinTech Mobile Payments Headquarters Regions Southern US Closed Date 2020 Founded Date 2019 Operating Status Closed Last Funding Type Pre-Seed Also Known As HUMBL, LLC , BLOCK 30 Holding Co. Legal Name HUMBL Company Type For Profit Contact Email info@humbl.io HUMBL is a mobile payment and financial services application. HUMBL allows customers to 'Send Money Like a Text' to over 100+ Countries and over 30 major currencies. Customers can use HUMBL for domestic, peer-to-peer (P2P) payments, as well as cross-border remittances and in-app currency exchange. HUMBL also allows merchants to acceptcredit cards with no hardware, starting as low as $4.99/ mo. USD and offers local cash pickup at "HUMBL Hubs" in emerging markets