AltMountain

Better Payment, LLC

New York, NY · CIK 2021970
Status: no Form D since May 2024. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

Better Payment, LLC is a private investment fund based in New York, New York. According to its most recent Form D, filed May 2, 2024, it has sold $958,800 of interests to 9 investors since its first sale in Apr 2024. The minimum investment it accepts from an outside investor is $10,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Andrey Dutov.

Total raised
$958,800Cumulative sales reported on Form D
Investors
9
First sale
Apr 4, 2024
Minimum investment
$10,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Andrey Dutov
Latest Form D
May 2, 2024

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about Better Payment, LLC

What is the minimum investment for Better Payment, LLC?

According to its latest Form D, filed May 2, 2024, the minimum investment Better Payment, LLC accepts from an outside investor is $10,000.

Who can invest in Better Payment, LLC?

Better Payment, LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has Better Payment, LLC raised?

Better Payment, LLC reports $958,800 sold from 9 investors on its Form D filed May 2, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Better Payment, LLC based?

Better Payment, LLC is based in New York, New York.

When did Better Payment, LLC launch?

Better Payment, LLC reports its first sale in Apr 2024.

Size compared with every private investment fund

Raised more than 28% of the 2,822 private investment funds based in New York, and more than 13% of all 10,255 that report sales.

Other funds with the same team

More private investment funds in New York

Similar-size private investment funds in New York

All private investment funds in New York