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NFTfi secured $6M in Series A funding led by Placeholder VC to enhance its platform for NFT lending and borrowing.

NFTfi secured $6M in Series A funding led by Placeholder VC to enhance its platform for NFT lending and borrowing.

03/12/24, 8:28 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/ZA.svgcape town
Money raised
$6 million
Industry
financial services
Round Type
series a
Investors
Longhash Ventures, Cypher Capital, Bloccelerate, Hash, A Capital Ventures, Reciprocal, The Lao, Brevan Howard, Kahuna Ventures, Launch Labs Inc, Maven 11, Placeholder Vc
NFTfi has successfully completed its Series A funding round, raising $6 million, led by Placeholder VC and participated in by various institutional investors. The company plans to use the funds to introduce support for manual peer-to-peer loans and expand the features of its software development kit (SDK) to improve liquidity and user experience.

Company Info

Company
NFTfi
Location
cape town, western cape, south africa
Additional Info
NFTfi.com is a simple marketplace for NFT collateralized loans that allows you to put your NFT assets up as collateral for a loan, or offer loans to other users on their non-fungible tokens.

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