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Rocifi Raises $2.7 Million In Seed Funding To Lend Money To Anonymous Users In Defi

Rocifi Raises $2.7 Million In Seed Funding To Lend Money To Anonymous Users In Defi

04/12/22, 1:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgpittsburgh
Money raised
$2.7 million
Round Type
seed
RociFi, a decentralized zero and under-collateralized lending protocol, has announced completing a seed funding round of $2.7 million USD (closed in November 2021) from Arrington, Goldentree, Nexo, LD Capital and Skynet Trading.

Company Info

Company
Roci Fi
Location
pittsburgh, pennsylvania, united states
Additional Info
RociFi is the Layer 1 for a permissionless, multi-chain web3.0 credit economy by enabling zero and undercollateralized peer-to-peer lending. The protocol leverages on-chain data, machine learning and decentralized identity data points to facilitate under-collateralized loans via the blockchain. With the goal of providing lending for Web 3.0, RociFi is building a credit solution for the future that ultimately eliminates the dependency on traditional finance structures.