Tech Company Financing Transactions
Folks Finance Funding Round
Folks Finance, based in Milan, raised $3.2 million in funding from Borderless Capital, Algorand and Mapleblock Capital.
Transaction Overview
Company Name
Announced On
11/14/2024
Transaction Type
Venture Equity
Amount
$3,200,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Milan, Undisclosed
Italy
Milan, Undisclosed
Italy
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Folks Finance is a pioneering DeFi platform that offers cross-chain lending, borrowing, staking and trading. With a focus on security, efficiency, and user empowerment, Folks Finance delivers a user experience akin to centralized exchanges, setting a new standard for DeFi applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benedetto Biondi
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