CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • CryptoPotato Crypto Fund
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • bitcoin
    BTC$30,213.00
  • ethereum
    ETH$2,024.38
    • Market Updates
    • BTC Analysis
    • ETH Analysis
    • XRP Analysis
    • Interviews
    • Crypto Fund
    Home » Press Release » Credefi Announces Completion of a $1.8M Private Round and Prepares for Upcoming IDO

    Credefi Announces Completion of a $1.8M Private Round and Prepares for Upcoming IDO

    Author: Press Release

    Last Updated Nov 2, 2021 @ 14:56

    [PRESS RELEASE – Please Read Disclaimer]

    Credefi – an innovative hybrid of FinTech Solution and DeFi Protocol connecting crypto lenders with small & medium business borrowers from the traditional economy, announced today it has closed $1.8 million in private financing as part of a successful funding stage that garnered significant interest from a variety of investors across multiple verticals like FinTech, crypto, legacy finance, and more.

    The round was led by Marshland Capital with strategic investments from Moonrock Capital, Varys Capital, X21 Digital, Magnus Capital, Skynet Trading, LucidBlue Ventures, AU21 Capital, Peech Capital, Metrix Capital, Maven Capital, RR2 Capital, ZBS Capital; and angel investors like Heslin Kim.

    The completion of the round marks an important milestone in Credefi’s journey, securing funding for the protocol development and setting the stage for the upcoming IDO. Credefi enjoys broad support from the investment community and DeFi heavyweights in particular, who see tremendous growth potential for the novel concept of a decentralized FinTech / DeFi hybrid protocol connecting crypto lenders with SME borrowers from the real economy.

    To further boost its growth, Credefi has on-boarded seasoned advisors as Charlie Hu, Michael Sung, Matthew Land, David Marsh, Kenzi Wong, Pranay Sanghavi, Steven Enamakel, and Hristo Piyankov.

    The funds raised in this round will help Credefi to advance the development of the platform and its commercialization, as well as open a brand new niche in the DeFi space by connecting DeFi with TradFi and resolving some of the key challenges they face today.

    “Credefi aims to become the DeFi gateway for SMEs, opening the DeFi universe for real-economy companies and offering them a fully-fledged DeFi-based financial services suite. The successful raise and the healthy interest we have seen from leading blockchain and traditional investors demonstrate the dire need for a solution like Credefi and the DeFi industry’s recognition of the great potential of our platform”, highlighted Ivo Grigorov, Co-Founder & CEO of Credefi.

    About Credefi

    Credefi is a first mover in the DeFi space connecting crypto lenders with SME borrowers from the real economy. Credefi’s platform enables decentralized and secured lending to portfolios of business projects or individual companies, protecting lenders while providing them fixed APY.
    The protocol resolves the key challenges that DeFi and TradFi are facing today: DeFi’s inconsistent, fragile yields that evaporate in bear markets and the difficulty for SMEs to get TradFi funding at normal interest rates or even at all.

    SPECIAL OFFER (Sponsored)
    Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

    PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

    Enjoy reading? Share with your friends
    Facebook Twitter LinkedIn Telegram

    About The Author

    Press Release
    More posts by this author

    CryptoPotato press release service.
    CryptoPotato has no responsibly on any content published as Press Release. The content is provided by the publisher. If you would like to submit a new press release - please contact us.

  • bitcoin
    BTC$30,213.00
  • ethereum
    ETH$2,024.38
  • Join Our Community

    FacebookTwitter YouTubeTelegram


    Editorials
    Binance Visa Card Guide: Read Before You Order

    Binance Visa Card Guide: Read Before You Order

    Bitstamp CEO JB Graftieaux: We Are Still Early (Interview)

    Bitstamp CEO JB Graftieaux: We Are Still Early (Interview)

    Okay Bears NFT Collection: The Complete Guide

    Okay Bears NFT Collection: The Complete Guide

    Our Ambition is to Become the Amazon of Crypto: Interview with Coinbase’s Guillaume Chatain

    Our Ambition is to Become the Amazon of Crypto: Interview with Coinbase’s Guillaume Chatain

    Bittrex CBO: Why Bittrex Lost its Lead, Token Sales’ Critical Mistakes, and How to Get Listed (Interview)

    Bittrex CBO: Why Bittrex Lost its Lead, Token Sales’ Critical Mistakes, and How to Get Listed (Interview)

    What is Balancer Protocol? Everything You Need to Know

    What is Balancer Protocol? Everything You Need to Know

    Coinbase Wallet For Beginners: The Complete Guide

    Coinbase Wallet For Beginners: The Complete Guide

    Join Our Newsletter
    Become a CryptoPotato VIP
    One Weekly Email Can Change Your Crypto Life.
    Sign-up FREE to receive our extended weekly market update and coin analysis report
    We NEVER send spam. You can unsubscribe at any time.
    Invalid email address
    Thanks for subscribing!
    About
    Advertise on CryptoPotato
    About Us | Contact Us | Careers

    Terms of service | Privacy Policy | GDPR
    More Sections
    IEO List | Evaluations
    Airdrops
    Scholarship
    Cannabis Stocks News | Market Analysis
    Disclaimer
    Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
    © Copyright CryptoPotato 2016 - 2021
    Scroll to top
    One Weekly Email Can Change Your Crypto Life.

    Sign-up FREE to receive our extended weekly market update and coin analysis report

    We never send SPAM. You can unsubscribe at any moment
    Invalid email address
    Thanks for subscribing!