Kindcard Inc (OTC: KCRD) is a fintech and paytech company that provides alternative payment and gift card platforms to merchants through two wholly owned subsidiaries, Deb, Inc. and Tendercard, Inc. The company generates revenue by offering merchants access to its closed-loop payment wallet and a gift card and loyalty platform, with Tendercard charging a monthly fee for unlimited gift card acceptance. Kindcard was incorporated in Nevada on November 18, 2016, originally as MWF Global Inc., and changed its name in July 2021 following the acquisition of the Tendercard division assets from Croesus Holdings Corp. Deb, Inc. was incorporated in Nevada on January 14, 2022. As of May 18, 2026, the company had approximately 53 stockholders of record. The auditor has issued a going concern qualification, and the company is dependent on raising additional capital to fund operations. No cash dividends have been declared or paid, and the common stock was not quoted on any trading platform as of the filing date of May 19, 2026.

Revenue model

Tendercard charges merchants a monthly fee for unlimited gift card acceptance on its gift and loyalty platform. Deb, Inc. targets high-risk and e-commerce merchants with a closed-loop token-based payment system that eliminates traditional credit card transaction fees; specific fee structures for Deb, Inc. are not disclosed in the filing excerpts.

Products and services

Pay with Deb: a closed-loop digital wallet where consumers purchase Deb Tokens (valued 1:1 with the US dollar, held in a custodial deposit account) and use them to pay merchants within the Deb network, bypassing traditional banking and credit card rails. Tendercard: a gift card and loyalty platform for independent merchants that replaces paper gift certificates with electronic accounting and reporting, settles gift card purchases directly to the merchant's account, and is available through the Bridgepay payment gateway and Pax and Dejavoo terminals.

Customers and end markets

Target customers are independent merchants, including businesses in high-risk verticals and e-commerce. The company plans to distribute its platforms through resellers and independent software developers. Consumers who transact within the Pay with Deb network are end users. No customer concentration data or specific merchant counts are disclosed in the filing excerpts.

Value-chain role

Kindcard operates as a payment technology intermediary, sitting between merchants and consumers. It provides the payment network infrastructure (Deb, Inc.) and the gift card and loyalty program infrastructure (Tendercard) directly to merchants, bypassing traditional card networks and processors.

Geographic exposure

Incorporated and operating in the United States. The filing references compliance with US federal and state regulations. No international operations are disclosed in the filing excerpts.

Source: SEC 10-K, filed 2026-05-19

Industry: Retail-Miscellaneous Shopping Goods Stores