Algofi
Banking · New York, United States · 1-10 Employees
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Overview
Headquarters
New York City, New York, 10016, United S...Website
www.algofi.orgRevenue
<$5 MillionIndustry
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Algofi
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Activity Insights
Algofi is experiencing very low activity levels compared to other companies in the Finance sector.
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Algofi financials insights
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Angel/Seed
$2.8M
Algofi Tech Stack
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Algofi News & Media
Algofi and Lofty Announce a First-of-its-Kind Partnership Enabling Anyone to Use Crypto As Collateral to Buy Fractional Ownership in Real Estate
By coupling decentralized finance with real estate—the largest asset class in the world—the two Algorand-based companies have made possible a novel, tangible use case for DeFi. MIAMI, March 16, 2022 /PRNewswire/ -- Algofi and Lofty, two companies backed by the Y Combinator accelerator,...Liquidity Protocol Algofi Launches on Algorand, Offering a Lending Market, Stablecoin, and Liquidity Incentives
Algofi's Mainnet launch completes the DeFi ecosystem trifecta (DEX, lending, and bridging) on Algorand NEW YORK, Dec. 17, 2021 /PRNewswire/ -- First previewed on TestNet earlier this fall, Algofi's simple-to-use platform is now live on Algorand, enabling everyone from crypto-native...Algofi Raises $2.8M in Seed Funding
Algolfi, a New York-based lending market and stablecoin protocol built on the Algorand blockchain, raised $2.8M in seed funding. The round was led by Union Square Ventures, Arrington XRP Capital, and Pillar VC with participation from Y Combinator, Formulate Ventures, and Shine VC. The company intends to use the funds to scale and grow the […] The post Algofi Raises $2.8M in Seed Funding appeared first on FinSMEs.
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Frequently Asked Questions Regarding Algofi
Founded in 2021, and based in New York, NY, Algofi is a decentralized cryptocurrency lending platform provider.... Read More