Untangled Finance secures €12.74M to bring tokenised private credit on-chain

Funding Rounds

▤ Summary

Untangled Finance, a London fintech company, has secured $13.5M (€12.74M) in funding to bring tokenised private credit, with a built-in liquidation mechanism, on-chain. The company will use the capital for product development, ecosystem growth, and other initiatives. Untangled was founded in 2020 by experts in finance, asset origination, and emerging markets. Then, these pools issue collateralised debt notes to DeFi and TradFi investors. Investors can choose originator-specific or automated lending pools depending on their risk appetite.

$ Funding

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Amount $13.7M Total raised
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Date October 11, 2023 Announcement date
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Investors - Lead investors
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Company http://www.untangled.finance Funded company

▥ Classifications

industries
Fintech & Banking
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