Tech Company Financing Transactions
Finterest Funding Round
Finterest closed a $1.5 million Seed funding round on 12/13/2022. Investors included Polychain Capital and 9Yards Capital.
Transaction Overview
Company Name
Announced On
12/13/2022
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Seed
Investors
Polychain Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to continue expanding its team and building its platform ahead of its beta launch in January 2023 and official launch shortly thereafter. Features Finterest intends to develop with the proceeds include its multi-sig wallet and data oracle solution, FinnyFeed, that went live in October 2022.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Eastpointe, MI Undisclosed
USA
Eastpointe, MI Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Finterest is the first native Bitcoin borrow/lending platform, trustlessly operated on The Internet Computer. Users can borrow and lend native Bitcoin, ICP, and Stablecoins with ease.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Romeo Castro
Browse more venture capital transactions:
Prev: 12/13/2022: Plooto venture capital transaction
Next: 12/13/2022: ngrok venture capital transaction
Share this article
About Our VC Transactions Data
We record every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs