# RociFi

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

- Industry: Financial Services
- Headquarters: Singapore
- Website: http://www.roci.fi
- Total disclosed funding: $2.7M
- Latest round: Seed (Nov 1, 2021)
- Investors on record: 5

## About

Based in Singapore, and founded in 2021 by its CEO Christopher Brookins and co-founder Pavel Filippov, RociFi Labs Pte. Ltd. operates as a provider of an online platform that allows lenders to grant money depending on their credit risk rankings. In November 2021, RociFi Labs Pte. Ltd. raises USD 2.7 million in seed funding led by  Arrington XRP Capital, with participation from other GoldenTree Asset Management, Nexo Ventures, LD Capital, and Skynet Trading. 

RociFi Labs Pte. Ltd. develops a protocol that leverages on-chain data, machine learning, and decentralized identity data to facilitate undercollateralized loans via the blockchain. This protocol is lending to those whose digital identities are increasingly centered on the semi-autonomous Web 3.0. RociFi’s scoring process will identify borrowers' trustworthiness based on their digital identity and allow lenders to lend their money according to their credit risk scores.

The company plans to use the seed funding to expand the RociFi Labs team by increasing the size of the engineering team and taking the product to market, and launching the protocol.

## Funding rounds

- Seed, Nov 1, 2021, $2.7M — GoldenTree Asset Management, Arrington Capital, LD Capital, Skynet Trading, Nexo Ventures

## Investors

- GoldenTree Asset Management (https://capitalatlas.ai/funds/goldentree-asset-management) — Seed
- Arrington Capital — Seed
- LD Capital (https://capitalatlas.ai/funds/ld-capital) — Seed
- Skynet Trading (https://capitalatlas.ai/funds/skynet-trading) — Seed
- Nexo Ventures (https://capitalatlas.ai/funds/nexo-ventures) — Seed