About Arda Finance
Arda Finance was a Financial Services company based in United States founded in 2022 by Pranay Shetty. It offers APIs for financial institutions to embed DeFi yields into their products. It operates on a B2B model. Arda Finance has raised $125 thousand across 1 funding round from investors including Y Combinator. The company has 1 employees. Its chief executive, as recorded, is Pranay Shetty. Its Indian entity Twentyone Twelve Technologies Private Limited reported revenue of ₹2.02 Cr. The company is recorded as dissolved. Its focus areas include Fintech, API Platforms and DeFi Integration. Its competitors include Consensys, BlockFi and BitGo; 3 of its 3 listed competitors have raised funding.
Company details
Arda Finance offers apis for financial institutions to embed defi yields into their products through offering financial products and advice, fintech, api platforms, and defi integration. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Delaware, United States
- Employees 1
- Founders Pranay Shetty
- SectorsFinancial Services
- Website arda.finance
- Legal Name Twentyone Twelve Technologies Private Limited
- Date of Incorporation 04 Jan, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹2.02 Cr
FY 2024 · +2% YoY
- Indian entity net profit₹16.1 Lakh
FY 2024 · 8% margin
- Indian entity EBITDA₹23.7 Lakh
FY 2024 · 12% margin
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Mar 2022
- Investors
- Employee Count1
Associated legal entities of Arda Finance
Arda Finance operates through Twentyone Twelve Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Twentyone Twelve Technologies Private Limited CIN U72900MH2022PTC374351 | Active | 04 Jan 2022 | Mumbai, Maharashtra | ₹2.0 Cr | 2 | View details |
Funding Insights of Arda Finance
Arda Finance has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Mar 2022)
- Investors Count 1
All 1 funding rounds of Arda Finance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $125,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Arda Finance
Arda Finance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for Arda Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Twentyone Twelve Technologies Private Limited (Arda Finance)
Twentyone Twelve Technologies Private Limited is the primary company behind Arda Finance. The board of Twentyone Twelve Technologies Private Limited currently have 2 directors; the longest-serving is Pranay Shetty, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pranay Shetty DIN 09430335 | Director | 04 Jan 2022 | 4 yrs 9 mo | Twentyone Twelve Technologies Private Limited |
| Venkataraman Ramkumar DIN 09423012 | Director | 04 Jan 2022 | 4 yrs 9 mo | Twentyone Twelve Technologies Private Limited |
People of Arda Finance
7 people are tracked at Arda Finance (2 in leadership, 5 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
| Co-Founder | Leadership | |
Shiwangi Priya | Product and Data lead | Team |
Arun Jangra | Software Development Engineer Intern | Team |
Yathish R | Product Engineer | Team |
Surya Vamsee Ayyagari | Product Engineer | Team |
Heeth Jain | Founding Engineer | Team |
Complete people profiles for Arda Finance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Arda Finance
Figures of Twentyone Twelve Technologies Private Limited, the primary company behind Arda Finance, for FY 2024. Revenue was ₹2.02 Cr (+2% year on year). Net profit was ₹16.1 Lakh (8% margin). EBITDA was ₹23.7 Lakh (12% margin).
- ₹2.02 CrRevenue · FY 2024 · +2% YoY
- ₹16.1 LakhNet profit · 8% margin
- ₹23.7 LakhEBITDA · 12% margin
- ₹10,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Twentyone Twelve Technologies Private Limited are on its company page.
Detailed financial statements for Arda Finance
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Arda Finance
2 dated milestones of Arda Finance, from founding to its latest funding, stage changes and deals.
- Founded Arda Finance is founded.
- Funding First funding round of $125K.
Competitors of Arda Finance
Arda Finance has 3 listed competitors in our database, 3 of them funded. They include Consensys, BlockFi and BitGo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| consensys.io | 2014 | Fort Worth, United States | $725M | 900 | Developer of blockchain and web3 software platform | |
| blockfi.com | 2017 | Jersey, United States | $465.65M | Crypto trading, loans, interest accounts, and wallets are offered online. | ||
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. |
Detailed competitors of Arda Finance
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Arda Finance (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Frequently Asked Questions about Arda Finance
Arda Finance was founded in 2022.
Arda Finance is headquartered in United States. It is registered at Delaware, United States.
Pranay Shetty is the CEO of Arda Finance, as recorded in our data. They have also founded this company.
Arda Finance is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Mar 2022.
Arda Finance has 1 employees.
The primary company behind Arda Finance, Twentyone Twelve Technologies Private Limited, reported revenue of ₹2.02 Cr for FY 2024, up 2% year on year.
Arda Finance offers apis for financial institutions to embed defi yields into their products through offering financial products and advice, fintech, api platforms, and defi integration. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Arda Finance has 1 investor. Key investors include Y Combinator.
Arda Finance operates through Twentyone Twelve Technologies Private Limited.
The legal entities of Arda Finance currently have 2 directors, including Pranay Shetty, Venkataraman Ramkumar.