Kindcard, Inc. is a FinTech and PayTech company specializing in digital payment and loyalty solutions, including mobile wallets, closed-loop payment systems, and proprietary gift card and loyalty platforms, targeting high-risk merchants and innovative verticals.

# Kindcard, Inc. Company Summary

### Business Overview
- **Core Focus**: FinTech and PayTech company providing digital payment solutions with a focus on mobile wallets and closed-loop payment systems.
- **Subsidiaries**:
  - **Deb, Inc.**: Offers an alternative payment platform called “Pay with Deb” targeting high-risk merchants, e-commerce, and innovative verticals. This platform allows users to load “Deb Tokens” (not crypto or stablecoins, but USD-valued stored value) into a wallet via ACH, wire, or bank connect and use them for in-person and online purchases. It aims to reduce transaction fees for merchants and enhance privacy for consumers.
  - **Tendercard, Inc.**: Provides a gift card and loyalty platform enabling merchants to issue proprietary digital gift cards and manage customer loyalty programs. The platform replaces manual paper gift certificates, with direct settlement to merchant accounts, and can operate with dedicated terminals or POS devices like Pax and Dejavoo.

### Market and Strategy
- **Target Market**:
  - Online and in-store merchants seeking alternative payment solutions, especially high-risk and innovative verticals.
  - Merchants interested in cost-effective gift card and loyalty solutions, especially for the 2025 holiday season.
- **Growth Plans**:
  - Launch and upgrade of platform capabilities.
  - Expand merchant and reseller network.
  - Integration of the Deb platform for worldwide B2B, B2C, C2B, P2P transactions.
  - Partner with franchise groups and resellers nationwide.

### Financials (as of January 31, 2025)
- **Revenue**:
  - Total for FY 2025: **$410,869**
  - Breakdown:
    - Commission revenue: **$27,151**
    - Gift card program revenue: **$378,560**
    - Other revenue: **$5,158**
- **Employees**:
  - Currently employs **two full-time employees**.
  - Relies on independent contractors.
- **Income**:
  - Net loss for FY 2025: **$252,221**
  - Net loss for FY 2024: **$261,372**
- **Cash and Liquidity**:
  - Cash as of January 31, 2025: **$9,089**
  - Cash as of January 31, 2024: **$9,647**
- **Financial Challenges**:
  - Operating losses and an accumulated deficit of **$1,422,134**.
  - Working capital deficit of **$929,357**.
  - Substantial doubt about continued operations without additional funding.

### Additional Details
- The company is in the early stages of platform deployment and customer acquisition.
- Has entered strategic partnerships, for example with The Restaurant Heroes Franchisor Group.
- Plans to grow user base and merchant network rapidly over the next two years.
- The company owns no patents but holds trade secrets, trademarks, and other intellectual property.

This summary reflects that Kindcard, Inc. is primarily developing and deploying advanced digital payment and loyalty solutions, with a focus on privacy, cost-efficiency, and serving high-risk merchant segments, but currently faces significant financial and operational challenges requiring further capital infusion.

Kindcard, Inc. is a payment solutions company leveraging mobile wallet technology and provider of closed-loop payment systems targeting high-risk merchants and enhancing customer loyalty through innovative platforms like Deb and Tendercard.

# Company Overview: Kindcard, Inc. (KCRD)

## General Information
- **Incorporation**: Established on November 18, 2016, in Nevada.
- **Headquarters**: 1001 Yamato Road, #100, Boca Raton, Florida, 33431.
- **Website**: [kindcard.com](http://www.kindcard.com) | [paywithdeb.com](http://www.paywithdeb.com) | [thetendercard.com](http://www.thetendercard.com)

## Business Operations
Kindcard, Inc. operates through its wholly owned subsidiaries, **Deb, Inc.** and **Tendercard, Inc.**, focused on providing **alternative closed-loop payment solutions**.

### 1. **Deb, Inc.**
- **Target Market**: High-risk merchant market including innovative verticals and e-commerce.
- **Product Offering**: 
  - **Pay with Deb**: A closed-loop consumer app and merchant services platform.
  - Consumers can purchase **Deb Tokens** (valued 1:1 with the US dollar), which are not cryptocurrencies but stored funds for transactions.
  - Eliminates transaction fees associated with traditional payment processors, enhancing privacy by not linking transactions to bank statements.
- **Benefits for Merchants**: 
  - Ability to send and receive payments without using traditional banking or credit card systems.
  - Reduction of high-cost transactions typical with credit cards.

### 2. **Tendercard, Inc.**
- **Offerings**: Provides an electronic gift card and loyalty platform that replaces traditional gift certificates.
- **Functionality**: 
  - Merchants can create their proprietary gift card programs.
  - Customers earn points on gift card purchases while merchants maintain total control of funds.
  - Access to a robust accounting and reporting system.
  
## Market Position
- **Innovative Solutions**: The company sees a strong growth potential in leveraging mobile wallet technology as the preferred transaction method. 
- **Customer Base**: The specific number of customers is not disclosed; however, the company targets various merchants for integration of their payment solutions. 
- **Employee Count**: Currently, the company has **two full-time employees** and relies on independent contractors.

## Recent Developments
- **Pay with Deb app**: Recently approved by Apple and Google stores, transitioning to operational status.
- **Tendercard Infrastructure Upgrade**: Ensuring 99.9% uptime for its subscribers.
- **Partnership with Restaurant Heroes**: Tendercard has an agreement to market its services nationwide to restaurant franchises.

## Financial Overview
- The company has not provided specific details regarding revenue or net income figures in the available document.
- There is no explicit mention of total revenue or income, suggesting that more detailed financial disclosures would typically be available in their SEC filings.

## Conclusion
Kindcard, Inc. is poised to disrupt the payments industry with its innovative approach through a focus on alternative payment solutions and merchant services aimed at reducing operational costs and enhancing customer loyalty. The strategic partnerships and tech upgrades position them favorably within the growing digital payment landscape.

Kindcard, Inc.

10-K / May 19, 2025

10-K / May 15, 2024

10-K / May 19, 2025

Kindcard, Inc. Company Summary

Business Overview

Market and Strategy

Financials (as of January 31, 2025)

Additional Details