About Saffron Finance
Saffron Finance is a Financial Services company based in United Kingdom founded in 2020. DeFi vaults are utilized for staking cryptocurrencies with tokenized assets. Its focus areas include FinTech, Cryptocurrencies, Mining and Pool Mining. Its legal entity in India is Saffron Finance Limited (U65910GJ1982PLC005587).
Company details
Saffron was founded in 2020 in the United Kingdom and operates within the decentralized finance sector. Vaults for staking cryptocurrencies are provided, alongside a protocol that tokenizes on-chain assets. Access to utilized capital is restricted through specific contracts. Liquidity providers are allowed to engage with assets based on tailored risk and return configurations, supporting efficient capital deployment in blockchain environments.
- Headquarters United Kingdom
- SectorsFinancial Services
- Website saffron.finance
- Social X
- Legal Name Saffron Finance Limited
- Date of Incorporation 18 Oct, 1982
- Jurisdiction Ahedabad, Gujarat, India
- Indian entity revenue₹87,770
FY 2024
- Indian entity net profit₹29,770
FY 2024 · 34% margin
- Indian entity EBITDA₹41,770
FY 2024 · 48% margin
- InvestorsCoinbase
& 8 more
Associated legal entities of Saffron Finance
Saffron Finance operates through Saffron Finance 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 |
|---|---|---|---|---|---|---|---|
| Saffron Finance Limited CIN U65910GJ1982PLC005587 | Active | 18 Oct 1982 | Ahmedabad, Gujarat | ₹0.0 Cr | 3 | View details |
Funding Insights of Saffron Finance
- Total Rounds 1
- Investors Count 9
All 1 funding rounds of Saffron 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 2021 | Seed | – | DRAGONFLY |
9 investors in total: 4 institutional and 5 angel.
Investors in Saffron Finance
Saffron Finance has secured backing from 9 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Coinbase, Multicoin Capital and DRAGONFLY.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| defitechnologies.ca | ||||
Venture capital and equity principal services are provided by Dragonfly. | 2018 | dragonfly.xyz | Oakland, United States | |
Venture capital is invested in blockchain and cryptocurrency sectors. | 2017 | multicoin.capital | Austin, United States | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | coinbase.com | San Francisco, United States | |
MD Meltem Demirors | unknown_a1adabfa6f1f4b778 | |||
BC Brandon Chez | unknown_d92012cdb5ea4bc29 | |||
LC Leo Cheng | unknown_373384e842274228a | |||
TK Tegan Kline | Co-founder of Edge & Node, blockchain expert, active angel investor | unknown_e2ba0f629bec469c9 | ||
MW Marc Weinstein | Angel investor, advisor at TLV Partners, focused on Indian startups | unknown_52a61bed11da4bb7b |
Investor details for Saffron Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Saffron Finance Limited (Saffron Finance)
Saffron Finance Limited is the primary company behind Saffron Finance. The board of Saffron Finance Limited currently have 3 directors; the longest-serving is Priti Manish Patel, appointed in 2000. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Priti Manish Patel DIN 01942347 | Director | 10 May 2000 | 26 yrs 6 mo | Saffron Finance Limited |
| Jaiminkumar Harishchandra Shah DIN 06920281 | Director | 30 Jun 2007 | 19 yrs 4 mo | Saffron Finance Limited |
| Vanraj Dadbhai Kahor DIN 01945256 | Director | 20 Feb 2010 | 16 yrs 8 mo | Saffron Finance Limited |
Financials of Saffron Finance
Figures of Saffron Finance Limited, the primary company behind Saffron Finance, for FY 2024. Revenue was ₹87,770. Net profit was ₹29,770 (34% margin). EBITDA was ₹41,770 (48% margin).
- ₹87,770Revenue · FY 2024
- ₹29,770Net profit · 34% margin
- ₹41,770EBITDA · 48% margin
- ₹3.07 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Saffron Finance Limited are on its company page.
Detailed financial statements for Saffron 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 Saffron Finance
2 dated milestones of Saffron Finance across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Saffron Finance is founded.
- Funding First funding round.
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Saffron Finance (Cryptocurrencies) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | 1,212 | ||
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | |||
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M |
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Related news about Saffron Finance
Complete news archive for Saffron Finance
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Frequently Asked Questions about Saffron Finance
Saffron Finance was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Saffron Finance is headquartered in United Kingdom.
The primary company behind Saffron Finance, Saffron Finance Limited, reported revenue of ₹87,770 for FY 2024.
Saffron was founded in 2020 in the United Kingdom and operates within the decentralized finance sector. Vaults for staking cryptocurrencies are provided, alongside a protocol that tokenizes on-chain assets. Access to utilized capital is restricted through specific contracts. Liquidity providers are allowed to engage with assets based on tailored risk and return configurations, supporting efficient capital deployment in blockchain environments.
Saffron Finance has 9 investors. Key investors include Coinbase, Multicoin Capital, DRAGONFLY, Meltem Demirors, and Brandon Chez.
Saffron Finance operates through Saffron Finance Limited.
The legal entities of Saffron Finance currently have 3 directors, including Jaiminkumar Harishchandra Shah, Vanraj Dadbhai Kahor, Priti Manish Patel.