Folks Finance
The Leading Capital Markets Protocol for borrowing and lending built on top of the Algorand blockchain.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $3.2m Valuation: $75.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 60 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Folks Finance operates in the decentralized finance (DeFi) sector, providing a suite of tools designed to help users manage their digital assets effectively. The platform serves a broad range of clients, from beginners to advanced users, offering educational resources to help them understand blockchain technology and DeFi principles. Folks Finance's business model revolves around offering a protocol that facilitates various DeFi activities, such as lending, borrowing, and asset management, without the need for intermediaries. The company generates revenue through transaction fees and other service charges associated with the use of its protocol. By focusing on community-driven development and user education, Folks Finance aims to democratize access to financial tools and knowledge in the digital asset space.
Keywords: DeFi, digital assets, blockchain, lending, borrowing, asset management, protocol, community-driven, education, transaction fees.