Folks Finance is the leading capital markets protocol for lending and borrowing built and operated on top of the Algorand blockchain.
Folks Finance has raised €5.7M across 2 funding rounds from 20 investors, most recently a Series A round in Nov 2024. Based in Milan, Italy; active in Fintech. Data as of 7 Aug 2026.
Timing: in window vs cohort gap · momentum flat. Funding-only estimates, not predictions and not investment advice — see signals.
| 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 → |
