# MetaLend

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

- Industry: Financial Services
- Headquarters: US
- Website: https://metalend.tech/
- Total disclosed funding: $5M
- Latest round: Seed (Apr 21, 2022)
- Investors on record: 3

## About

Based in California, US, and co-founded in 2021 by Sudjeev Singh, and Nikhil Bhardwaj, MetaLend, is an online borrowing and lending platform for crypto loans. In April 2022, MetaLend raised USD 5 million in seed funding led by a new investor Pantera Capital, with participation from other new investors Collab+Currency Management, LLC and Ancient8.

The company provides an online platform that enables users to borrow and lend money using nonfungible tokens (NFTs) as their collateral for business growth. The platform allows customers to borrow up to 30% of the value of their NFTs in ETH by connecting their wallets and moving their NFTs into the MetaLend protocol.

The company intends to use the funds raised in April 2022 to expand the business, develop new products, hire professionals for all positions, and step-up marketing initiatives.

## Funding rounds

- Seed, Apr 21, 2022, $5M — Pantera Capital, Collab+Currency Management, Ancient8

## Investors

- Pantera Capital (https://capitalatlas.ai/funds/pantera-capital) — Seed
- Collab+Currency Management (https://capitalatlas.ai/funds/collab-currency-management) — Seed
- Ancient8 — Seed