{"data":{"type":"company_profile_ai","id":76879,"entity_id":"wefunder:company:76879","attributes":{"canonical_url":"https://wefunder.com/pigeon.loans","retrieval_urls":{"canonical":"https://wefunder.com/pigeon.loans","json":"https://wefunder.com/pigeon.loans.json","markdown":"https://wefunder.com/pigeon.loans.md","ai_json":"https://wefunder.com/pigeon.loans.ai.json","ai_text":"https://wefunder.com/pigeon.loans.ai.txt","changelog_json":"https://wefunder.com/pigeon.loans.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-16T05:02:31Z","generated_at":"2026-06-16T13:49:19Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":false,"privacy_mode":"unlisted","invite_only":false},"company":{"id":76879,"entity_id":"wefunder:company:76879","slug":"pigeon.loans","name":"Pigeon","tagline":"Simplifying Loans Between Friends, Family \u0026 Businesses","elevator_pitch":"Pigeon is the world's leading lending platform dedicated to enabling friends, family, loved ones, businesses, and more to make loans with one another.","location":"Miami, FL","website":"https://www.usepigeon.io","total_amount_raised":150600,"total_investors":188,"is_funded":false,"is_active":false},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 150600","citation":"https://wefunder.com/pigeon.loans#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-16T05:02:31Z","as_of":"2026-06-16T13:49:19Z","confidence":"high"},"observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-17T05:02:31Z"},{"claim_id":"claim-total-investors","text":"Total investors: 188","citation":"https://wefunder.com/pigeon.loans#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-16T05:02:31Z","as_of":"2026-06-16T13:49:19Z","confidence":"high"},"observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-17T05:02:31Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 150600","citation":"https://wefunder.com/pigeon.loans#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-16T05:02:31Z","as_of":"2026-06-16T13:49:19Z","confidence":"high"},"observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-17T05:02:31Z"},{"claim_id":"claim-total-investors","text":"Total investors: 188","citation":"https://wefunder.com/pigeon.loans#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-16T05:02:31Z","as_of":"2026-06-16T13:49:19Z","confidence":"high"},"observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-17T05:02:31Z"}],"company_claims":{"tagline":"Simplifying Loans Between Friends, Family \u0026 Businesses","elevator_pitch":"Pigeon is the world's leading lending platform dedicated to enabling friends, family, loved ones, businesses, and more to make loans with one another.","story":"Transforming Relationships Through Financial EmpowermentPigeon is the world’s leading platform for creating and managing loans between friends, family, and communities. By simplifying interpersonal lending, we enable users to borrow and lend money confidently, turning financial transactions into opportunities to strengthen relationships.Why Pigeon?The need is clear: $200 billion in informal loans are exchanged in the U.S. every year, with over $1 trillion globally. Yet, the process remains awkward, risky, and poorly managed, often leaving relationships strained. Pigeon changes that by offering a seamless, secure platform for personal lending that prioritizes trust, transparency, and accessibility.Our Story 🧡Born from a personal financial dilemma during the pandemic, Brian, Pigeon’s founder realized there was no easy way to lend or borrow money with loved ones without risking strain on relationships. Determined to solve this, he created Pigeon—a platform designed to handle the delicate balance of money and trust, ensuring both parties feel secure and supported. Today, we’re on a mission to heal financial scars and empower communities worldwide.The Numbers 🧮100,000 users across seven countries.$1.5M+ in monthly transactions, averaging $15,000 per loan.24% MoM revenue growth in 2024, tracking toward $250k ARR.Default rates of just 3%, compared to 13% or more previously in informal lending.Our Impact 🌍Pigeon is more than a fintech tool—it’s a catalyst for positive social change. Whether it’s funding a small business, helping with medical expenses, or supporting education, our platform bridges financial gaps while preserving and even strengthening relationships. Users benefit from:Flexible structured payments.Automated reminders and tracking.Legally binding agreements.Custom repayment schedules and support.How We Make Money 💰Pigeon operates on a sustainable freemium model, with revenue derived from:Subscriptions for premium loans exceeding $5,000 or lasting over 12 months.Transaction fees on in-app payments, including international transfers.Future B2B2C partnerships through white-labeled integrations with financial institutions.We charge our customers a simple $7.99 per month subscription fee for loans that fit our premium criteria \u0026amp; additionally collect up to 3.5% in transaction fees on credit, debit, and international transactions.Why Invest Now? 🚀A Massive Market OpportunityFinances are the leading cause of stress in all forms of relationships - familial, romantic, professional, and more. 78% of Americans live paycheck to paycheck. With 50% of folks unable to afford a $1,000 emergency. With over $200 billion in informal loans annually in the U.S. and a growing demand for secure, interpersonal financial tools, Pigeon is poised to dominate an untapped niche.Exponential Growth PotentialOur team has laid the groundwork for scaling, with:Robust technology capable of handling 20 million users.Expanding partnerships with global platforms like Stripe.A roadmap to integrate advanced fintech tools, such as crypto-powered transactions and underwriting tooling.How We’ll Use the Funds ⚡The funds raised in this round will be strategically deployed to strengthen our foundation and accelerate growth in three critical areas:Extending Our Runway to ProfitabilityWe are committed to achieving sustained profitability. By optimizing our operations and extending our runway, we’ll ensure Pigeon has the time and resources to scale responsibly, solidify our position in the market, and reach critical financial milestones.Enhancing Payment Processing CapabilitiesSeamless payment experiences are at the heart of our platform. We’ll invest in bolstering our payment infrastructure, introducing faster processing, and more diverse payment methods, and reducing transaction fees for users—all while improving reliability and scalability.Expanding into B2B Technology for Revenue MultiplicationTo unlock exponential revenue growth, we will experiment with B2B integrations such as white-labeled lending solutions for financial institutions and partnerships with businesses that could benefit from interpersonal lending frameworks. This expansion aims to create new revenue streams, reduce customer acquisition costs, and set the stage for a successful Series A raise.By focusing on these initiatives, we will ensure Pigeon’s long-term growth, profitability, and ability to make a lasting impact in the fintech ecosystem.Our Vision 🔮We envision a world where financial help flows seamlessly within communities, free of the awkwardness and risk that often accompany interpersonal loans. Pigeon aims to:Become the default platform for interpersonal lending, trusted globally.Expand into retail and institutional partnerships, redefining financial empowerment.Lead the charge in innovative lending solutions, transforming how financial trust is measured.In five years, we hope that Pigeon becomes a unicorn startup, recognized globally as the go-to platform for lending and borrowing money within trusted relationships. With 1 million+ users and billions of dollars in loan volume moved annually, we aim to redefine how people think about interpersonal loans.Our goal is to become synonymous with the concept of borrowing and lending money between friends, family, and communities, creating a world where financial help is simple, secure, and stress-free. By building trust at scale, we’ll empower individuals worldwide to strengthen their relationships while unlocking new opportunities through financial support.This isn’t just about finance \u0026amp; technology; it’s about transforming the way the world connects and catering to the relationships that serve as the backbone of our global economy, one loan at a time.Join Us 💡Invest in Pigeon today and help us reshape the financial future. Together, we can turn everyday loans into powerful tools for connection, trust, and prosperity.Personal Note:Thank you for taking the time to read about us and learn more about the mission we are on. Whether or not you choose to invest, I just want to personally note on behalf of the team that we are grateful for your support and consideration. We've done a lot of good in our 4 years of operation already \u0026amp; we believe there is still a lot more good to do! Supporting each other in our times of need is what we ultimately hope to enable everyone to better be able to do. We'll continue to work night and day to make Pigeon a smarter, easier, and the best place to turn to the next time you need to help or garner support from someone you know and care for in need.The Pigeon Team 🐣Wall of Fame ⭐Check out some of the latest Pigeon news and highlights everyone is buzzing about!ESPN's Andscape Featuring PigeonOur #7 Product of the Day Launch on Product Hunt","quick_facts":["Y Combinator W22 🥂","$30,000,000 in Annual Loan Volume","$150K Annual Recurring Revenue \u0026amp; Growing 24% M-o-M Toward Profitability","100,000+ Users \u0026amp; Growing","Forbes 30 u 30 Founding Team","As seen on CNBC, Yahoo Finance, Wall Street Journal, Motley Fool \u0026amp; Business Insider"]},"computed_metrics":{"total_amount_raised":150600,"total_investors":188,"team_size":1,"featured_investor_count":4,"faq_count":5,"recent_post_count":0},"quick_facts":[{"claim_id":"claim-fact-1","value":"Y Combinator W22 🥂","citation":"https://wefunder.com/pigeon.loans#claim-fact-1","observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-23T05:02:31Z"},{"claim_id":"claim-fact-2","value":"$30,000,000 in Annual Loan Volume","citation":"https://wefunder.com/pigeon.loans#claim-fact-2","observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-23T05:02:31Z"},{"claim_id":"claim-fact-3","value":"$150K Annual Recurring Revenue \u0026amp; Growing 24% M-o-M Toward Profitability","citation":"https://wefunder.com/pigeon.loans#claim-fact-3","observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-23T05:02:31Z"},{"claim_id":"claim-fact-4","value":"100,000+ Users \u0026amp; Growing","citation":"https://wefunder.com/pigeon.loans#claim-fact-4","observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-23T05:02:31Z"},{"claim_id":"claim-fact-5","value":"Forbes 30 u 30 Founding Team","citation":"https://wefunder.com/pigeon.loans#claim-fact-5","observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-23T05:02:31Z"},{"claim_id":"claim-fact-6","value":"As seen on CNBC, Yahoo Finance, Wall Street Journal, Motley Fool \u0026amp; Business Insider","citation":"https://wefunder.com/pigeon.loans#claim-fact-6","observed_at":"2026-06-16T05:02:31Z","expires_at":"2026-06-23T05:02:31Z"}],"latest_fundraise":{"id":55571,"entity_id":"wefunder:fundraise:55571","state":"open","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":true,"funding_started_at":"2024-11-21T08:09:09Z","funding_closed_at":null},"investor_memos":[],"team":[{"id":1374692,"entity_id":"wefunder:company_role:1374692","name":"Brian Bristol","title":"Founder \u0026 CEO","role":"founder","profile_url":"https://wefunder.com/brianbristol2"}],"featured_investors":[{"id":10347,"entity_id":"wefunder:company_investor_profile:10347","name":"Y Combinator","bio":"Startup accelerator and VC firm that's launched over 4,000 companies, including Airbnb, Coinbase, DoorDash, Dropbox, Instacart, Reddit, and Stripe","profile_url":"https://wefunder.com/ycombinator"},{"id":10348,"entity_id":"wefunder:company_investor_profile:10348","name":"Kleiner Perkins","bio":"Kleiner Perkins is a storied venture firm that backs bold founders across early and growth stages. 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The goal for the next year or so will be to focus on the web experience first, and continue to optimize our platform for mobile viewing. However, once we have solidified significant market presence in our industry, we will begin development of an iOS and Android application. We estimate that development will start for a Pigeon Loans app in Q2 / Q3 2022."},{"question":"Where is the link to your Form C?","answer":"As per the new SEC regulations that went into effect on March 15, 2021, equity crowdfunding platforms, such as WeFunder, now allow us along with other companies on their platform(s) to raise up to $50,000 without filing a Form C. Upon reaching the $50,000 mark, we will file our Form C."},{"question":"Brian, this is a HUGE idea, and I love it!! Great work thus far. I have two questions: 1) Does the lender get to collect interest on the loan, and if so, who sets the rate? 2) Will Pigeon Loans report to the three major credit bureaus--especially in the case of defaults?","answer":"It's great to hear your passion and energy for Pigeon Loans! Your questions are great insights into our business, so let me answer them for you. 1) Lenders do get to collect interest on their loan. Prior to starting and signing a loan, Lenders and Borrowers are given the opportunity to negotiate the terms of their agreement. In this negotiation period, Lenders can ask for an interest rate anywhere from 0% to 99%. Once the respective Borrower of that loan has agreed to a mutually beneficial in..."},{"question":"Is this a test the water campaign? I don’t see form C or disclosures?","answer":"Hi Tawana, We are currently in the \"testing the water\" phase of our campaign. All documentation and filing procedures are ready to go for our Form C, and that will be filed and disclosed once we hit the $50,000 mark."},{"question":"Very exciting business model! Just curious, are lenders able to determine the frequency of compounding on the interest rate on the loan?","answer":"At this point in time, we only allow loans to exist using the Simple Interest formula (no compounding involved). We have chosen this route because it is the easiest to understand for all parties and simple interest can be pre-calculated into the loan regardless of when the Borrower decides to make repayments. Our market research has shown that more than 90% of loans tend not to include any interest rate at all, regardless of the formula we chose, so transparency and comfort are the biggest dr..."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-16T13:49:19Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-16T05:02:31Z","as_of":"2026-06-16T13:49:19Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-16T05:02:31Z","as_of":"2026-06-16T13:49:19Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-16T13:49:19Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-16T13:49:19Z","confidence":"medium"}}}}}}