Untangled, an RWA lending platform, has completed a $13.5 million funding round.

TechFlow news, according to CoinDesk, tokenized real-world asset (RWA) lending platform Untangled Finance has raised $13.5 million and launched on the Celo network. The funding round was led by London-based asset management firm Fasanara Capital, which also established two credit pools on the platform to manage off-chain operations and underwrite loans. Untangled announced plans to expand to Ethereum and Polygon via Chainlink's Cross-Chain Interoperability Protocol.

Untangled aims to bring traditional private credit markets on-chain through tokenization, focusing on fintech (such as invoice financing and wage-advance consumer loans) and "green asset" lending. The platform provides infrastructure to host blockchain-based credit pools where investors deposit funds to lend and earn returns. Depositors receive ERC-20 tokens representing their positions.