Impossible Finance

Singapore, Singapore Founded: 2021 • Age: 5 yrs
Decentralized financial products are enabled via a DeFi platform.
Annual revenue - Latest available
Total funding $7.0M 2 rounds
Employees - Tracked headcount
Investors 25 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Impossible Finance

Impossible Finance is a company based in Singapore (Singapore) founded in 2021. It operates as a Brokerage / Intermediation. Impossible Finance has raised $7 million across 2 funding rounds from investors including Coin98, The LAO and IOSG Ventures. Impossible Finance offers products and services including Launchpad and IDIA Token. Impossible Finance operates in a competitive market with competitors including Binance, Ripple, Compound, Axoni and Injective, among others.

  • Headquarter Singapore, Singapore
  • Sectors
    Technology
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Impossible Info Solutions Llp
  • Date of Incorporation 06 Aug, 2021
  • Jurisdiction Faridabad, Haryana, India
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7 M (USD)

    in 2 rounds

  • Latest Funding Round
    $8.04 M (USD), Token Sale

    Aug 17, 2021

  • Investors
    Coin98

    & 24 more

  • Employee Count
    Not available
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Products & Services of Impossible Finance

Impossible Finance offers a comprehensive portfolio of products and services, including Launchpad and IDIA Token.

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Primary

A platform for investing in crypto opportunities is provided.

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A token for transactions within the ecosystem is offered.

Funding Insights of Impossible Finance

Impossible Finance has successfully raised a total of $7M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $8.04 million completed in August 2021. 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.

Investors in Impossible Finance

Impossible Finance has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coin98, The LAO and IOSG Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments are made in early-stage tech startups by IOSG Ventures.
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Investments in cryptocurrencies are managed by Divergence Ventures.
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Investor details for Impossible Finance

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Impossible Finance

Investments
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Investment portfolio details for Impossible Finance

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Impossible Finance

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Detailed financials for Impossible Finance

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Impossible Finance Comparisons

Impossible Finance Primary company
Description
Decentralized financial products are enabled via a DeFi plat...
Location
Singapore, Singapore
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Impossible Finance

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Competitors of Impossible Finance

Impossible Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Binance, Ripple, Compound, Axoni and Injective, among others.

Company Name Domain Founded year HQ Location Description
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Online exchange platform for cryptocurrency
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Blockchain-based payment network for cross-border transfers is developed.
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P2P lending platform based on the Ethereum blockchain
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A blockchain network for capital markets is operated.
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Programmable processor architecture is developed for energy-efficient computing.
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Provider of blockchain-based platform offering to mine coins
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Detailed competitors of Impossible Finance

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Latest news on Impossible Finance

Quoll Finance Token Sale
Smartliquidity3 years ago
Impossible Partners with Aurigami
Smartliquidity3 years ago
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Complete news archive for Impossible Finance

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Frequently Asked Questions about Impossible Finance

Impossible Finance was founded in 2021.

Impossible Finance is headquartered in Singapore, Singapore.

Impossible Finance is a funded company, having raised a total of $7M across 2 funding rounds to date.

A platform for crypto investments is provided by Impossible Finance, focusing on high-quality, fair, and accessible opportunities. Early-stage crypto projects are supported through due diligence and exclusive deals. The ecosystem includes strategic partners and aims to create a fair digital financial system for all users. Services like Launchpad and IDIA token are offered to facilitate investments in the blockchain sector.

Impossible Finance's top competitors include Binance, Ripple and Compound.

Impossible Finance offers Launchpad and IDIA Token.

Impossible Finance has 25 investors. Key investors include Coin98, The LAO, IOSG Ventures, mgnr, and Divergence Ventures.

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