Charlotte-based Let’s Talk Payments Files to Raise $500,000

11/17/16

A Charlotte-based financial technology news company has filed to raise $500,000 in equity, according to a Securities and Exchange Commission filing.

Let’s Talk Payments LLC filed a Form D with the SEC on Nov. 17. The filing listed a total offering amount of $500,000 in equity, with $275,000 remaining to be sold. Three investors participated in the offering.

The company didn’t specify what it intends to do with the proceeds, according to the filing. Of the money raised, $50,000 will be used for executive compensation.

Founded in 2013, Let’s Talk Payments operates a news platform for professionals in the financial technology industry. It provides news, analysis and data-based research to more than 60,000 subscribers.

Aditya Khurjekar, chief executive officer of the company, signed off on the firm’s Form D on Tuesday. Previously, he worked as new business development executive of mobile commerce and payments at Verizon Wireless.

Private companies similar to Let’s Talk Payments, which rely on a Reg D exemption, aren’t required to register securities offerings with the SEC, but instead they must file a Form D electronically with the SEC after they sell the securities.

The form can be found here.

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