NFTfi
NFTfi provides an online P2P marketplace for NFT-based lending, enabling users to borrow and lend by securing NFTs as collateral. Users provide ERC-721 tokens as collateral and request loans, with ETH paid upon acceptance and collaterals locked in smart contracts. Founded in 2017 in Cape Town, South Africa, the company has raised $15.0M in Series A funding from investors including Placeholder, Maven 11, Brevan…
Funding snapshot
About
NFTfi provides an online P2P marketplace for NFT-based lending, enabling users to borrow and lend by securing NFTs as collateral. Users provide ERC-721 tokens as collateral and request loans, with ETH paid upon acceptance and collaterals locked in smart contracts. Founded in 2017 in Cape Town, South Africa, the company has raised $15.0M in Series A funding from investors including Placeholder, Maven 11, Brevan Howard, and Kleiner Perkins. Provider of an online platform for NFT-based lending. It offers a P2P marketplace that enables users to borrow and lend by securing NFTs as collateral. Users can provide ERC-721 tokens as collateral and request loans. Once accepted, ETH is paid to the users and the collaterals are locked in the NFTfi smart contract.
Business model
Alternative Lending > Online Lenders > Consumer Loans > Asset Backed Loans > Digital Assets > NFT > Marketplace,
Cryptocurrencies > Financial Services > Lending > Consumer Loans > Point of Sale Financing > For NFTs
Founders & team highlights
Founder with Prior Funding,
Serial Founder
Team background
Top Rated Teams > Serial Entrepreneur
Institutional investors
Backed by funds in our directory
Latest coverage
No articles yet.
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