Apricot Finance Bags $4M in Its Latest Funding Round

Apricot Finance Bags $4M in Its Latest Funding Round

Apricot Finance, the Solana-based money market protocol that offers lending, borrowing, and other DeFi (decentralized finance) services, announced that it has closed a funding round worth USD four million. The Solana ecosystem has seen substantial growth in the past couple of years. Apricot Finance aims to leverage this growth and has thus built a unique […]


Related News

African Fintech Giant Raises $150 Million in Funding Round Led by FTX, Firm N...

Chipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led by Sam Bankman-Fried’s FTX — comes barely six months after the fintech startup Chipper Cash was able to raise $100 million in the first Series C funding round. Besides FTX, other investors that participated in Chipper Cash’s latest funding round include SVB Capital, which led....

Bitwage Raises $1.5 Million in Latest Funding Round

Bitwage, the pioneer cryptocurrency-based payroll and invoicing company, has raised $1.5 million in its latest funding round. The funding round had participation from Draper Associates and Max Keiser’s Heisenberg Capital, using Bnktothefuture, a platform designed for making online investments. Bitwage will use these funds to extend its functionalities, now that it is facing competition from Coinbase, which launched a similar service for U.S. citizens. Bitwage Raises $1.5 Million Dollars in 55 Hours Bitwage, one of the pioneer companies in cryptocurrency payrolls and....

BitPay Receives Another Round of Venture Capital Funding

Bitcoin's largest payment processor, BitPay, has announced that they have received another round of funding from a group of angel investors. The investors include Trace Mayer, well known in the Bitcoin community for his reporting on economics and finance, as well as his privacy guide and ebook How to Vanish, Ben Davenport, co-founder of Beluga Inc and angel investor, and A-Grade Investments, a venture capital firm co-founded by Ashton Kutcher. This latest investment will bolster another round of funding made two months previously, in which private venture capital investors Barry Silbert,....

Arcana Network Lands $2.3 Million Funding from Leading Investors in Strategic...

Arcana Network, a protocol for decentralized storage and data privacy, has received funding from investors to the tune of $2.3 million in its latest investment round. The latest funding comes on the heels of the $375k that it was able to raise during its seed round in July 2021. Arcana Network was funded by several […]

Port Finance Raises a $5.3m Strategic Round To Offer Fixed Rate Lending on So...

Port Finance, the Solana-based lending protocol with the vision of bringing a whole suite of interest rate products to DeFi users, has raised $5.3M in its latest strategic funding round. The round is led by Alameda Research with participation from Spartan Group, Brevan Howard, and A41. Port Finance’s list of existing investors also includes Jump Capital, Solana Foundation, GSR, and Defi Alliance. Port Finance was the first to launch a variable rate lending product on Solana’s mainnet in July 2021. The platform now supports 13 different assets from the Solana, Ethereum, Terra and Bitcoin....