Hello Thijs,

In the country I currently live in, we get a paper mail in our mailboxes before a payout of dividends. That mail informs the stockholder of what is being paid out, how much and so on. Not sure of how it is in the states tho.

I think your service don't really tells me what problem it solves for me regarding this issue. As far as I can undersstand it, it does exactly the same thing the paper mails I get but with a price tag and privacy questions attachted to it. You should probably highlight (imo) a common problem that you're solving with this service and make sure privacy is a highlight as well.

For example, something I would find more compelling is perhaps statistical data which is missing for me right now. I don't remember what I was paid last year and the year before that etc.

It could also tell me about which stocks has the best dividends compared to the stock value etc. Maybe your service already provides this information but it is not really selling it if that is the case :)

A one-time $4.99 fee is charged, after which you can use the service indefinitely

This is probably going to be an issue for you long term. Lets say 100 users sign up and pay and then you've very little growth. Now you're paying running costs with no income and that is a recipe for disaster. Imagine instead of you took a $4.99 / year, which is still very cheap now it will probably at least cover for your running costs of servers etc.

Best regards,
Markus