PocketPK

Lahore, Pakistan Founded: 2020 • Age: 6 yrs
A decentralized lending protocol for cryptocurrencies is operated by PocketPK.
Annual revenue - Latest available
Total funding $4.0M 3 rounds
Employees - Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About PocketPK

PocketPK is a company based in Lahore (Pakistan) founded in 2020 by Ace Tsui. PocketPK has raised $4 million across 3 funding rounds from investors including MEXC Global, Gate.io and Advanced Blockchain. PocketPK operates in a competitive market with competitors including Airfox, Liquity, Meow, Scallop and hoseki, among others.

  • Headquarter Lahore, Pakistan
  • Founders Ace Tsui
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
Operational Areas
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
    $4 M (USD)

    in 3 rounds

  • Latest Funding Round
    $16.15 M (USD), Token Sale

    Nov 19, 2021

  • Investors
    MEXC Global

    & 9 more

  • Employee Count
    Not available
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Funding Insights of PocketPK

PocketPK has successfully raised a total of $4M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $16.15 million completed in November 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 PocketPK

PocketPK has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include MEXC Global, Gate.io and Advanced Blockchain.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in life sciences firms across all stages.
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Venture capital investments are directed toward blockchain startups by Lemniscap.
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Investments are directed toward decentralized finance technology startups.
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Investor details for PocketPK

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Investments & Acquisitions by PocketPK

Investments
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Investment portfolio details for PocketPK

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  • Transaction dates
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Financial Statements - PocketPK

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Detailed financials for PocketPK

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Pocketpk Comparisons

PocketPK Primary company
Description
A decentralized lending protocol for cryptocurrencies is ope...
Location
Lahore, Pakistan
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for PocketPK

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Competitors of PocketPK

PocketPK 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 Airfox, Liquity, Meow, Scallop and hoseki, among others.

Company Name Domain Founded year HQ Location Description
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Blockchain-based mobile wallet for recharges and loans is offered.
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Decentralized interest-free loans against Ether are offered in stablecoins.
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High-interest business banking services are provided to companies.
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DeFi protocol for lending and borrowing on the Sui blockchain
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Online crypto-focused lending platform for individuals
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A decentralized protocol for cryptocurrency lending and borrowing is operated.
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Detailed competitors of PocketPK

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Latest news on Pocketpk

Apricot Integration with OneRing
Smartliquidity4 years ago
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Complete news archive for PocketPK

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Frequently Asked Questions about PocketPK

PocketPK was founded in 2020 and raised its 1st funding round 1 year after it was founded.

PocketPK is headquartered in Lahore, Pakistan. It is registered at Lahore, Punjab, Pakistan.

PocketPK is a funded company, having raised a total of $4M across 3 funding rounds to date.

PocketPK was founded in 2020 in Lahore, Pakistan, as a decentralized lending protocol within the cryptocurrency sector. Lending mechanisms are offered with minimal liquidation penalties to support borrowers. Yield farming innovations are integrated, including cross-margin leveraged products for enhanced returns. Operations are conducted via the domain apricot.one, with Ace Tsui serving as co-founder. The protocol focuses on secure, protocol-based financial services in the DeFi space.

PocketPK's top competitors include Airfox, Scallop and Meow.

PocketPK has 10 investors. Key investors include MEXC Global, Gate.io, Advanced Blockchain, Delphi Ventures, and Lemniscap.

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