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News by FinTech Collective Archive

Notional Finance raises $10m in Series A funding

Sarah Wolter

April 30, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

New York based fixed interest rate borrowing company based off Ethereum raised $10m in Series A funding led by Pantera Capital.

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Led by Teddy Woodward, CEO & Co-Founder, Notional is a fully decentralized ethereum-based protocol for borrowing and lending at fixed rates. In the three months since launching in mid-January 2021, the protocol has attracted more than $17M in TVL and executed $9.5M in loans.

https://www.finsmes.com/2021/04/notional-finance-closes-10m-series-a-funding-round.html

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