# DeZy Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dezy-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.dezy.sg
- Total disclosed funding: $2.3M
- Latest round: Seed (Mar 27, 2022)
- Investors on record: 6

## About

Based in Singapore, and founded in 2021 by its CEO, Eric Dadoun, and co-founders, Harald Lang, Sharmini Ravindran, and Simon Landsheer, DeZy Pte. Ltd. operates as a decentralized finance company that enables users to convert their cash into dollar-denominated stable coins. In February 2022, DeZy Pte. Ltd. raised SGD 3 million in venture funding, led by new investor Leo Capital, with participation from another new investor, Iterative. Returning investors include DeFiance Capital, HH VC Investments, and Impiro. As of 2022, the company's platform, DeZy, has been used by more than 10,000 users and deposited more than USD 1.5 million.

DeZy Pte. Ltd offers a mobile application called DeZy, which uses Cloudflare for DDOS protection and turns SGD into stablecoins and stakes them in high yield decentralized finance protocols. All transactions through DeZy are processed using automation and programmatic processes. The mobile application supports Android as well as iOS devices. The company also offers the DeZy Rewards Program, consisting of three segments that are: Set, Forget, and Save; Savings Ninja; and the DeZy Ambassador Program. 

The company will use the venture funding to support new product launches, grow its team and redefine what finance can be for consumers.

## Funding rounds

- Seed, Mar 27, 2022, $2.3M — Impiro, Leo Capital, Iterative, United Family Capital, DeFiance Capital, HH Family
- Seed, Aug 17, 2021 — Impiro, DeFiance Capital, HH Family

## Investors

- Impiro (https://capitalatlas.ai/funds/impiro) — Seed
- DeFiance Capital — Seed
- HH Family — Seed
- Leo Capital (https://capitalatlas.ai/funds/leo-capital) — Seed
- Iterative (https://capitalatlas.ai/funds/iterative) — Seed
- United Family Capital — Seed