Notional Finance
Latest round
- Series A
Last raised
- Apr 2021
Total raised
- $10M
Investors
- 6
About Notional Finance
Founded in 2020 and headquartered in New York, US, Notional Finance operates in the decentralized finance sector, focusing on fixed-rate borrowing and lending on Ethereum. The company was established by Jeff Wu and Teddy Woodward.Notional Finance offers innovative solutions within the decentralized finance (DeFi) sector, focusing primarily on lending and leveraged yield strategies. Their core product is a platform that enables users to deposit assets to earn interest, secure fixed-rate loans, and engage in borrowing activities for investment purposes. This system facilitates the locking in of borrowing costs for several months, providing users stability and predictability in financial planning.Notional Finance generates revenue through transaction fees associated with its lending and borrowing services. Users deposit cryptocurrencies into the platform, earning interest while simultaneously having the option to borrow against their collateral. The structure of these transactions typically involves users paying interest to Notional on borrowed funds, which can be reinvested into various DeFi yield strategies. The company is also working on developing new products to expand its services, targeting specific markets in North America and Europe for further growth. The focus will be on enhancing the platform's user experience and composability, with the expectation of launching these initiatives in the upcoming quarters.
Who invested in Notional Finance
6 investors across 1 round
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Funding rounds
Series A
Apr 29, 2021
Amount
$10M
Investors
Questions about Notional Finance
Who invested in Notional Finance?
Notional Finance has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Notional Finance raised?
Notional Finance has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Notional Finance last raise money?
Notional Finance's most recent round on record is a Series A, in Apr 2021.
What does Notional Finance do?
Founded in 2020 and headquartered in New York, US, Notional Finance operates in the decentralized finance sector, focusing on fixed-rate borrowing and lending on Ethereum.
Where is Notional Finance headquartered?
Notional Finance is headquartered in New York, US.
Which VCs invest in companies like Notional Finance?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Notional Finance's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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