# DeFiner

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

- Industry: Financial Services
- Headquarters: Minneapolis, US
- Website: www.definer.org
- Latest round: Seed (Jan 1, 2019)
- Investors on record: 1

## About

DeFiner Inc. is a decentralized lending protocol that facilitates seamless lending, borrowing, and staking of cryptocurrency assets, enhancing user autonomy and privacy in financial transactions.Founded in 2018 in Minneapolis, US, DeFiner Inc. is a decentralized lending platform enabling users to manage their crypto assets. The company has successfully raised USD 0.10 mn through a SEED funding round in October 2020, during which SNZ Holding was the lead investor. The company has completed a total of 4 deals since its inception, with the latest funding round underpinning its current valuation of USD 2.10 mn. CEO Jason W, among the founders including Chyna Qu, Felicity Sargent, and Oussama El-Hilali, has a history in crypto ventures that enhances the company's expertise in the market.DeFiner operates as a decentralized lending protocol designed to facilitate seamless lending, borrowing, and staking of crypto assets. The core products include a permissionless platform that allows users to customize parameters such as currency, collateral, and interest rates, catering to diverse financial needs without the presence of gatekeepers. Users can deposit their crypto assets to earn high interest passively, borrow against their holdings, or initiate their own lending pools with personalized configurations. The platform aims to enhance user autonomy and privacy through encrypted balance transfers and zero-knowledge proof traceability. DeFiner primarily serves individual crypto holders and institutional investors across various global markets, including North America, Europe, and parts of Asia, enabling them to engage in decentralized finance with full ownership of their assets.DeFiner generates revenue through transaction fees associated with its platform services that facilitate lending, borrowing, and staking activities. Clients, including both retail and institutional participants, interact with the platform to deposit cryptocurrency and access financial services tailored to their specific parameters. Each transaction incurs a fee, contributing to the company’s overall revenue stream. While specific pricing plans associated with individual products or services were not disclosed, users can expect a fee-for-service model that aligns with DeFiner’s customizable nature, incentivizing active engagement on the platform.DeFiner plans to leverage the USD 0.10 mn raised in the recent SEED funding round to enhance product development and expand its market presence. The company aims to introduce new products aimed at improving user experience in decentralized finance, with expected launches in the coming year. Additionally, there are plans to target expansion into new markets in Asia and Europe by 2022, which will be supported by the recent funding to enhance its technological infrastructure and marketing outreach.

## Funding rounds

- Seed, Jan 1, 2019 — Blockchain Founders Fund

## Investors

- Blockchain Founders Fund (https://capitalatlas.ai/funds/blockchain-founders-fund) — Seed