Parallel Finance
Latest round
- Series A
Last raised
- Aug 2021
Total raised
- $24M
Investors
- 12
About Parallel Finance
Based in Finland and Founded in 2021, Parallel Finance operates a cryptocurrency-based finance platform. The company was founded by Yubo Ruan. The company operates a decentralized finance platform that allows cryptocurrency holders to earn interest on their capital. The company’s web application enables its users to lend, deposit, and borrow cryptocurrency with each other. Depositors earn interest on their capital and borrowers pay with extra interest when returning their loan just like regular banks. The company's decentralized money market platform uses its native cryptocurrency, the $PARA token.
Who invested in Parallel Finance
12 investors across 2 rounds
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Questions about Parallel Finance
Who invested in Parallel Finance?
Parallel Finance has 12 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Parallel Finance raised?
Parallel Finance has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Parallel Finance last raise money?
Parallel Finance's most recent round on record is a Series A, in Aug 2021.
What does Parallel Finance do?
Based in Finland and Founded in 2021, Parallel Finance operates a cryptocurrency-based finance platform.
Where is Parallel Finance headquartered?
Parallel Finance is headquartered in Finland.
Which VCs invest in companies like Parallel Finance?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Parallel Finance's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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