Folks Finance
Folks Finance is the leading capital markets protocol for lending and borrowing built and operated on top of the Algorand blockchain.
Milan, Italyfolks.finance ↗
Total raised
€5.7M
€5,684,411
Funding rounds
2
Investors
20
distinct backers
Active since
2022-01
latest 2024-11
Funding by year
EUR raised per yearSignals
High confidenceRaise-next likelihood49
base rate 44% for Series A
- ▲ In typical raise window
- ▼ Low backer re-investment
Exit likelihood12
base rate 12% (2+ rounds)
Timing: in window vs cohort gap · momentum flat. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2024-11-14 | Series A | €3.0M | Algorand Ventures,Borderless Capital,Mapleblock Capital,Other investors,SOVO Ventures | View deal → |
| 2022-01-24 | Seed | €2.7M | 0x Ventures,Algorand Foundation,Angel Investors,Borderless Capital,Coinbase Ventures,Eterna Capital+10 more | View deal → |
Investors
200x VenturesAlgorand FoundationAlgorand VenturesAngel InvestorsBorderless CapitalCoinbase VenturesEterna CapitalGains Associates and Co.Genesis CapitalJump CryptoMapleblock CapitalMeld VenturesOKX Blockdream VenturesOther investorsParaFi CapitalPolymorphic CapitalSOVO VenturesValhalla CapitalYoubi CapitalZBS Capital
Related news
- Folks Finance Raises $3M in Seed Fundingfinsmes.com · 2022-01
- finsmes.com
Similar companies
same sector or country- Klarna€3.8BSweden · Fintech
- Auxmoney€3.5BGermany · Fintech
- SumUp€3.5BUK · Fintech
- Propel Finance€2.3BUK · Fintech
- Abound€1.8BUK · Fintech
- Bending Spoons€1.7BItaly · Software