About NFTfi
NFTfi is a company based in Cape Town (South Africa) founded in 2017.. NFTfi has raised $11.89 million across 4 funding rounds from investors including Animoca Brands, Kleiner Perkins and CoinFund. NFTfi offers products and services including NFTfi Platform, Loan Refinancing, and Rewards Program. NFTfi operates in a competitive market with competitors including Centrifuge, MetaStreet, Arcade, Rikkei Finance and Vinci, among others.
- Headquarter Cape Town, South Africa
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.89 M (USD)
in 4 rounds
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Latest Funding Round
$70 K (USD), Token Sale
Jun 10, 2024
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Investors
Animoca Brands
& 19 more
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Employee Count
Employee Count
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Products & Services of NFTfi
NFTfi offers a comprehensive portfolio of products and services, including NFTfi Platform, Loan Refinancing, and Rewards Program. 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.
Platform for peer-to-peer NFT loans and borrowing services
Feature to extend loans without upfront repayment
Program for earning points through lending activities
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Funding Insights of NFTfi
NFTfi has successfully raised a total of $11.89M across 4 strategic funding rounds. The most recent funding activity was a Token Sale round of $70 thousand completed in June 2024. 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 4
- Last Round Token Sale — $70,000
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First Round
First Round
(25 Feb 2021)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Token Sale - NFTfi | Valuation |
investors |
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| Mar, 2024 | Amount | Series A - NFTfi | Valuation | Placeholder | |
| Nov, 2021 | Amount | Series A - NFTfi | Valuation | 1kx |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NFTfi
NFTfi has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Animoca Brands, Kleiner Perkins and CoinFund. 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 |
|---|---|---|---|---|
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Investments are directed toward decentralized information networks by Placeholder.
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Founded Year | Domain | Location | |
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Venture capital is provided to tech startups by Maven 11.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments in digital assets are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NFTfi
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NFTfi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nftfi Comparisons
Competitors of NFTfi
NFTfi 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 Centrifuge, MetaStreet, Arcade, Rikkei Finance and Vinci, 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 |
Decentralized platform for financial supply chain connectivity is offered.
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| domain | founded_year | HQ Location |
P2P liquidity platform for NFT collateral
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| domain | founded_year | HQ Location |
Arcade is recognized as a leading NFT lending platform.
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| domain | founded_year | HQ Location |
Online platform for asset-backed lending
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| domain | founded_year | HQ Location |
Liquidity and volatility are boosted via NFT-backed DeFi protocol.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nftfi
Frequently Asked Questions about NFTfi
When was NFTfi founded?
NFTfi was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is NFTfi located?
NFTfi is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Is NFTfi a funded company?
NFTfi is a funded company, having raised a total of $11.89M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Feb 25, 2021.
What does NFTfi do?
NFTfi was founded in 2017 in Cape Town, South Africa, as a provider of an online platform in the blockchain and fintech sector focused on NFT lending. A peer-to-peer marketplace is operated, where ERC-721 tokens are used as collateral for loans. Borrowers request funds, and upon acceptance, ETH is disbursed while collateral is secured in a smart contract. Operations emphasize secure, decentralized lending processes.
Who are the top competitors of NFTfi?
NFTfi's top competitors include Centrifuge, MetaStreet and CGU.
What products or services does NFTfi offer?
NFTfi offers NFTfi Platform, Loan Refinancing, and Rewards Program.
Who are NFTfi's investors?
NFTfi has 20 investors. Key investors include Animoca Brands, Kleiner Perkins, CoinFund, Placeholder, and The LAO.
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