Folks Finance

Milan, Italy · Founded 2021 · Privately Held (backing)

Developer of a non-custodial DeFi protocol designed to provide financial tools for digital assets. Folks Finance is based in Milan, Italy and was founded in 2021. It has raised $6.2 million.

Last price · $/share
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Implied valuation
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Total raised
$6.2M
Last round
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Folks Finance key facts

  • Developer of a non-custodial DeFi protocol designed to provide financial tools for digital assets.
  • It has raised $6.2M.
  • Notable investors include Coinbase Ventures, Borderless Capital, OKX Ventures, ParaFi Capital, Jump Crypto — 50 tracked in total.
  • Status: Privately Held (backing).
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Folks Finance funding rounds

No rounds on record

No funding rounds for Folks Finance are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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Folks Finance investors

50 investors are on record for Folks Finance, including Coinbase Ventures, Borderless Capital, OKX Ventures and ParaFi Capital. By type, the record holds 7 venture capital firms and 2 hedge funds.

About Folks Finance

Developer of a non-custodial DeFi protocol designed to provide financial tools for digital assets. The company offers strategies for earning yield and taking loans and uses capital markets protocol to ensure scalability, low transaction costs, and security, enabling users to earn yield on deposits, use deposits as collateral for loans, and participate in Algorand governance.

Sector
Financial Services
HQ
Milan, Italy
Founded
2021
Employees
24
Ownership
Privately Held (backing)

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Valuation — not yet priced

Folks Finance doesn't have a valuation on record yet — one is published once a priced round, a reported valuation, fund marks, or secondary prints surface in our sources. The rest of the record below builds toward it.

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