Port Finance
Latest round
- Seed
Last raised
- Jul 2021
Total raised
- $1.2M
Investors
- 8
About Port Finance
Based in New York, US and founded in 2021 by Gabriel Wong (CEO), Port Finance is a decentralized finance (Defi) system that runs on the Solana blockchain and provides a full range of Defi product. Port Finance is an unsupervised money market protocol built on the Solana blockchain, with the primary goal of offering a full set of interest rate products like as variable rate lending, fixed-rate lending, and interest rate swaps. The variable rate lending product offers flexible interest rates based on supply and demand, cross-collateral lending, and flash loans. In contrast, the fixed-rate lending product employs the zero coupon bond model, allowing lenders to offer fixed-rate loans with defined terms. The company provides to be the liquidity gateway for the Solana DeFi ecosystem, providing easier user interfaces, lower collateral requirements, and liquidation criteria that can be adjusted based on fluctuations and liquidity.
Who invested in Port Finance
8 investors across 1 round
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Funding rounds
Seed
Jul 27, 2021
Amount
$1.2M
Investors
Questions about Port Finance
Who invested in Port Finance?
Port Finance has 8 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 Port Finance raised?
Port Finance has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Port Finance last raise money?
Port Finance's most recent round on record is a Seed, in Jul 2021.
What does Port Finance do?
Based in New York, US and founded in 2021 by Gabriel Wong (CEO), Port Finance is a decentralized finance (Defi) system that runs on the Solana blockchain and provides a full range of Defi product.
Where is Port Finance headquartered?
Port Finance is headquartered in New York, US.
Which VCs invest in companies like Port Finance?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Port Finance's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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