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
TechnologyFinancial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Impossible Info Solutions Llp
- Date of Incorporation 06 Aug, 2021
- Jurisdiction Faridabad, Haryana, India
-
Annual Revenue
-
Net Profit
-
EBITDA
-
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
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Impossible Finance
Impossible Finance offers a comprehensive portfolio of products and services, including Launchpad and IDIA Token. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for investing in crypto opportunities is provided.
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Token Sale — $8.0M
-
First Round
First Round
(03 Jun 2021)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Token Sale - Impossible Finance | Valuation |
investors |
|
| Jun, 2021 | Amount | Series A - Impossible Finance | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments are made in early-stage tech startups by IOSG Ventures.
|
Founded Year | Domain | Location | |
|
Investments in cryptocurrencies are managed by Divergence Ventures.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Impossible Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Impossible Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Impossible Finance Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online exchange platform for cryptocurrency
|
|
| domain | founded_year | HQ Location |
Blockchain-based payment network for cross-border transfers is developed.
|
|
| domain | founded_year | HQ Location |
P2P lending platform based on the Ethereum blockchain
|
|
| domain | founded_year | HQ Location |
A blockchain network for capital markets is operated.
|
|
| domain | founded_year | HQ Location |
Programmable processor architecture is developed for energy-efficient computing.
|
|
| domain | founded_year | HQ Location |
Provider of blockchain-based platform offering to mine coins
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Impossible Finance
Frequently Asked Questions about Impossible Finance
When was Impossible Finance founded?
Impossible Finance was founded in 2021.
Where is Impossible Finance located?
Impossible Finance is headquartered in Singapore, Singapore.
Is Impossible Finance a funded company?
Impossible Finance is a funded company, having raised a total of $7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7M, raised on Jun 03, 2021.
What does Impossible Finance do?
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.
Who are the top competitors of Impossible Finance?
What products or services does Impossible Finance offer?
Impossible Finance offers Launchpad and IDIA Token.
Who are Impossible Finance's investors?
Impossible Finance has 25 investors. Key investors include Coin98, The LAO, IOSG Ventures, mgnr, and Divergence Ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.