# Finterest

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

- Industry: Financial Services
- Headquarters: US
- Website: www.linktr.ee/finterest
- Total disclosed funding: $1.5M
- Latest round: Seed (Jul 11, 2022)
- Investors on record: 2

## About

Based in California, US, and co-founded by Olliver Barr and Carl Sachs in 2022, Finterest Ltd. operates as a financial services company offering bitcoin borrow or lending platforms. In December 2022, the firm raised USD 1.5 million in seed funding co-led by investors 9Yards Capital and Polychain Capital. 

The company offers a decentralized lending protocol available on the Internet Computer (ICP) which is a blockchain network executing up to 11,500 transactions per second with one-second finality The company allows users to lend their crypto assets and borrow against them including Bitcoin, ICP, and Stablecoins.

The company plans to utilize its December 2022 funding to build its team, expand its platform and develop a multi-sig wallet and data oracle solution.

## Funding rounds

- Seed, Jul 11, 2022, $1.5M — Polychain Capital, 9Yards Capital

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- 9Yards Capital (https://capitalatlas.ai/funds/9yards-capital) — Seed