StartStopMove Inc. has raised $65,000 in a private debt offering, according to a filing Thursday morning with the Securities and Exchange Commission.

The Chapel Hill-based company plans to raise $300,000 with $235,000 remaining in the total offering.

The money was raised by five investors, according to the filing.

The founder of StartStopMove, Alain Glanzman, recently received his MBA from the Kenan-Flagler Business School at UNC-Chapel Hill.

Glanzman is currently the co-founder and chief executive officer at WalletFi, a digital wallet application for smartphones based in Raleigh.

Prior to receiving his MBA, Glanzman worked as a consultant for nonprofits and Fortune 500 companies.

Glanzman has held various entrepreneurial positions including working as a global product manager with WomanCare Global in London and as a consultant at Keen Strategy LLC in Raleigh.

Glanzman was also a venture capital MBA associate at IDEA Fund Partners and a entrepreneur at SoFi in San Francisco, California before leading the WalletFi and StartStopMove start-ups.

Glanzman has successfully launched products across the globe, including Europe, Africa and South America.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.