London-based fintech Untangled Finance bags €12.8 million to bring institutional grade private credit on-chain
Summary
Untangled Finance, a London-based fintech, has raised €12.8 million in multi-year strategic funding to accelerate its mission to bring institutional-grade credit with a built-in liquidation mechanism on-chain. Established in 2020, Untangled was founded by professionals with a decade-long background in finance, asset origination, and emerging markets. Manrui Tang, Untangled Finance’s co-founder, said: “Since 2017, our focus has been on real-world asset tokenization where we see growing interest. Furthermore, the flow of capital across international boundaries remains inefficient: an investor in New York might face inherent challenges identifying and accessing credit investment opportunities in other regions, such as India. The Untangled team has a rare combination of being rooted in real world finance and yet has acquired deep expertise in blockchain and DeFi.