# Debifi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/debifi

- Industry: Financial Services
- Headquarters: London, UK
- Website: https://debifi.com/
- Latest round: Seed (Dec 19, 2024)
- Investors on record: 5

## About

Founded in 2022 by co-founders Max Kei and Allen Farrington and based in the UK, Debifi provides decentralised finance (DeFi) solutions to simplify access to DeFi products for trading and investing in cryptocurrencies. In December 2024, Debifi raised seed funding led by investor Concentric with participation from investors Axiom BTC Capital, Fulgur Ventures, Plan B Ventures, Epoch VC, Exodus I GmbH, and Century Equity Partners.

Debifi offers a comprehensive platform for managing, trading, and investing in a wide array of cryptocurrencies and blockchain-based assets. For borrowers, the process involves creating an escrow, originating the loan, and repaying it securely. For lenders, the platform offers the opportunity to lend funds globally in stablecoins or fiat, secured by over-collateralised Bitcoin-backed loans. This suite addresses challenges in asset liquidity, security, and user experience, serving a diverse customer base including retail and institutional investors.


The company will use the December 2024 funding to grow its team, expand into the target market, innovate new products, and fund marketing initiatives.

## Funding rounds

- Seed, Dec 19, 2024 — Century Equity Partners, Plan B Ventures, Concentric, Fulgur Ventures, Exodus I GmbH

## Investors

- Century Equity Partners (https://capitalatlas.ai/funds/century-equity-partners) — Seed
- Plan B Ventures — Seed
- Concentric (https://capitalatlas.ai/funds/concentric) — Seed
- Fulgur Ventures (https://capitalatlas.ai/funds/fulgur-ventures) — Seed
- Exodus I GmbH — Seed
