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High Tech Series A Founded 2020

Minterest

Minterest was a decentralized lending and borrowing protocol for digital assets that has permanently sunset operations and closed. The platform previously provided a decentralized financial platform with a buyback mechanism that automatically passed revenue to contributing users, and an on-chain treasury that captured and shared liquidation rewards. Minterest supported lending and borrowing across multiple…

📍 Tallinn, Estonia · Blockchain Infrastructure,

Funding snapshot

Last roundSeries A
Amount$6M
Date16 September 2021
Total raised$6M
Team size6

About

Minterest was a decentralized lending and borrowing protocol for digital assets that has permanently sunset operations and closed. The platform previously provided a decentralized financial platform with a buyback mechanism that automatically passed revenue to contributing users, and an on-chain treasury that captured and shared liquidation rewards. Minterest supported lending and borrowing across multiple blockchain networks including Mantle, Ethereum, Taiko, and Morph. Following an orderly wind-down, the application UI is no longer available and no new deposits, rewards, or emissions are supported. Existing users may continue to withdraw their positions directly via smart contracts, with contract interaction guides maintained for reference. Founded in 2020 and headquartered in Tallinn, Estonia, Minterest had raised $6.5 million in Series A funding from investors including KR1, DFG, Digital Strategies, Fomocraft, BitScale Capital, Faculty Capital, PNYX Ventures, CMT Digital, CMS Ventures, Basics Capital, Ellipti, Eterna Capital, RR2 Capital, Damo Labs, Cypher Capital, LucidBlue Ventures, Valhalla Capital, Muhabbit Capital, WWVentures, and 7 O'clock Capital. The company's website and documentation are maintained for historical and reference purposes only.

Business model

Blockchain Infrastructure > Application Development Platforms > DeFi > NFT Developer Tools,

Investment Tech > Alternative Investment Platforms > Non Fungible Tokens > Marketplaces,

Cryptocurrencies > Financial Services > Lending > Consumer Loans > Personal Loans

Institutional investors

KR1 DFG Digital Strategies Fomocraft BitScale Capital Faculty Capital PNYX Ventures CMT Digital CMS Ventures Basics Capital Ellipti Eterna Capital RR2 Capital Damo Labs Cypher Capital

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