Algofi is building the first crypto native bank powered by decentralized finance. Through Algofi, users can lend cryptocurrency, earn interest on their deposits, and borrow to facilitate complex trading activity. Algofi is building fiat rails to enable users to move value onto and off of the Algorand network seamlessly.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 11/30/21 | $2,800,000 | Seed |
Arrington XRP Capital Formulate Ventures Pillar VC Shine VC Union Square Ventures Y Combinator | undisclosed |
