2 years ago
Untangled Finance Raises $13.5 Million for DeFi Yield Platform
Untangled Finance, a London-based fintech company, has secured $13.5 million in multi-year strategic funding led by Fasanara Capital
The funds will be used for product development, ecosystem incubation, and growth initiatives
Founded by the team behind fintech Binkabi, Untangled Finance focuses on distributing asset portfolios through its DeFi yield product platform by tokenizing real-world private credit assets and issuing collateralized debt notes to DeFi and TradFi investors
The platform will launch on the Celo blockchain in early October, followed by Polygon and Ethereum.
ProblemFinancial Services
"making it easy for financial institutions to distribute asset portfolios"
Solution
"tokenizing real-world private credit assets into on-chain structured credit pools and facilitating the issuance of collateralized debt notes to DeFi and TradFi investors"