PocketPK
PocketPK (Apricot Finance) is a decentralized finance protocol offering lending and borrowing solutions for cryptocurrency holders. The platform enables users to access liquidity by borrowing against their crypto collateral and earn yields by supplying assets to lending pools. Apricot Finance incorporates liquidation protection mechanisms and risk management features designed to protect borrowers from sudden market…
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About
PocketPK (Apricot Finance) is a decentralized finance protocol offering lending and borrowing solutions for cryptocurrency holders. The platform enables users to access liquidity by borrowing against their crypto collateral and earn yields by supplying assets to lending pools. Apricot Finance incorporates liquidation protection mechanisms and risk management features designed to protect borrowers from sudden market volatility, automatically managing collateral ratios to prevent liquidation events and minimize losses. The protocol operates on blockchain infrastructure, providing transparent, non-custodial access to decentralized credit markets with smart contract automation. The platform's architecture emphasizes capital efficiency and user protection, offering flexible lending terms and dynamic interest rates based on supply and demand. Founded in 2020 and headquartered in Lahore, Pakistan, the company has raised funding at the Series A stage, operating in the FinTech and Blockchain Technology sectors.
Business model
Cryptocurrencies > Financial Services > Lending > Consumer Loans > Personal Loans
Team background
College Wise > National University of Singapore (NUS)
Institutional investors
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