TechFlow reports that Qiro Finance, a Singapore-based DeFi lending service provider, has announced the completion of a $1.2 million Pre-Seed funding round led by Alliance, with participation from Druid Ventures, Escape Velocity (EV3), Trident Digital, and CMT Digital. Specific valuation details have not been disclosed.
Qiro Finance aims to address the significant credit gap prevalent in regions such as Southeast Asia by leveraging blockchain technology and stablecoin frameworks. In addition to funding, Qiro Finance has received a grant of 100,000 MATIC from Polygon and a $50,000 development grant from the Aptos Foundation.
Add to Favorites
Share to Social Media
