Parallel Finance
Financial Software · California, United States · 11-50 Employees
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Overview
Headquarters
Mountain View, California, United StatesWebsite
www.parallel.fiRevenue
<$5 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Parallel Finance
Parallel Finance is a Decentralized Money Market Protocol that offers lending, staking, and borrowing, built on the Polkadot ecosystem. Depositors can lend and stake simultaneously to earn "double interests", and borrowers can collateralize to borrow. The company was founded in 2021.Explore more
Parallel Finance Org Chart
YP
Frontend Developer
JZ
Blockchain Developer
ZJ
Senior Engineer
AW
Blockchain Developer
HR
Web Developer
DK
Test Development Engineer
LZ
Javascript Full Stack Engineer
JL
Blockchain Developer
CC
Software Engineer
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Activity Insights
Parallel Finance is experiencing very low activity levels compared to other companies in the Software sector.
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Parallel Finance financials insights
Gather financial insights about Parallel Finance, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2021
Other Financing Round
$2M
2022
Series A
$27M
Parallel Finance Tech Stack
A closer look at the technologies used by Parallel Finance
Most Recent Scoops
Event
Dan Boneh, Technical Advisor, has appeared on a podcast called "web3 with a16z crypto" on 09/09/2024. Topics discussed include Blockchain, cryptography, mechanism design, auctions, privacy.
Events
Funding
Funding
Funding
Parallel Finance News & Media
PARALLEL FINANCE CONTINUES RAPID PRODUCT EXPANSION WITH LAUNCH OF OMNI: NFT MONEY MARKET
Announcement comes on the heels of seven recent product launches, advancing Parallel Finance's mission to mainstream decentralized finance PALO ALTO, Calif., June 23, 2022 /PRNewswire/ -- Parallel Finance, the leading decentralized lending and staking protocol that aims to bring...Parallel Finance, the DeFi Parachain Hub of Polkadot and Kusama, Launches New Products
Parallel Finance, the DeFi parachain hub of Polkadot and Kusama, has executed a coordinated launch of “six separate products in one day across many different DeFi primitives.” The complete list includes: Parallel’s Automated Market Maker (AMM), Farming, Liquid Staking, v2 Crowdloan Platform, Cross Chain Bridge,... Read MoreParallel Finance launches 6 DeFi products in one day
Late last year, we wrote about Parallel Finance after the decentralized lending platform successfully secured the fourth slot in the Polkadot Parachain auctions. More than 30,000 contributors have contributed a total of 10.75 million Polkadot (DOT) tokens during the fourth round of […] The post Parallel Finance launches 6 DeFi products in one day appeared first on Tech News | Startups News.Parallel Finance Founder Yubo Ruan Awarded Hurun’s US Innovation Most Promising Person 2021
NEW YORK--(BUSINESS WIRE)--In the era of globalization, Chinese entrepreneurs exude a dazzling light overseas. Hurun’s 2021 US Innovation Outstanding Awards was released on November 23. Yubo Ruan, the founder of Parallel Finance, was selected as one of “the Most Promising Persons”. Hurun Report is the world's leading research organization, which was founded by Hurun in 1999. It owns the "Hurun Report" magazine and the forum event series. Hurun US Innovation Outstanding Awards 2021 focuses on
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Parallel Finance is a Decentralized Money Market Protocol that offers lending, staking, and borrowing, built on the Polkadot ecosystem. Depositors can lend and stake simultaneously to earn "double interests", and borrowers can collateralize to borrow. The company was founded in 2021.... Read More
