Tech Company Financing Transactions
NFTfi Funding Round
NFTfi, based in Cape Town, secured $6 million in funding from Placeholder, A.Capital Ventures and Bloccelerate VC.
Transaction Overview
Company Name
Announced On
3/11/2024
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Proceeds Purpose
The team intends to use the newly acquired funds to improve its dApp by introducing support for manual peer-to-peer loans and to broaden its SDK's features, aiming to enhance liquidity on the platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Cape Town, Undisclosed
South Africa
Cape Town, Undisclosed
South Africa
Phone
Undisclosed
Website
Email Address
Overview
Our mission is to give NFT owners the financial flexibility they deserve. NFTfi was designed to provide the most secure, fair, and transparent way to unlock opportunities from your valuable NFTs. NFTfi.com is a peer-to-peer platform that lets NFT holders and liquidity providers connect via permissionless smart contract infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stephen Young
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