About Solv Finance
Solv Finance is a company based in Beijing (China) founded in 2021 by Ryan C.. Solv Finance has raised $26 million across 6 funding rounds from investors including Binance, OKX and Hyperithm. Solv Finance operates in a competitive market with competitors including Ripple, Compound, CyberConnect, Axoni and Injective, among others.
- Headquarter Beijing, China
- Founders Ryan C
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Sectors
TechnologyFinancial Services
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Email
***********
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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
$26 M (USD)
in 6 rounds
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Latest Funding Round
$11 M (USD), Series B
Oct 15, 2024
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Investors
Binance
& 31 more
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Employee Count
Employee Count
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Funding Insights of Solv Finance
Solv Finance has successfully raised a total of $26M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in October 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 6
- Last Round Series B — $11.0M
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First Round
First Round
(08 May 2021)
- Investors Count 32
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series B - Solv Finance | Valuation | Laser Digital , Blockchain Capital |
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| Jul, 2024 | Amount | Series B - Solv Finance | Valuation | Hyperithm | |
| Aug, 2023 | Amount | Series B - Solv Finance | Valuation | Laser Digital , UOB |
| 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 Solv Finance
Solv Finance has secured backing from 32 investors, including institutional and venture fund investors. Prominent investors backing the company include Binance, OKX and Hyperithm. 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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Venture capital firm investing in the blockchain sector
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Founded Year | Domain | Location | |
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Venture capital firm focused on non-fungible tokens and associated assets
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Founded Year | Domain | Location | |
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Buyouts are targeted through private equity investments by the firm.
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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 Solv Finance
| 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 - Solv Finance
| 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 |
Solv Finance Comparisons
Competitors of Solv Finance
Solv 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 Ripple, Compound, CyberConnect, 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 |
Blockchain-based payment network for cross-border transfers is developed.
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| domain | founded_year | HQ Location |
P2P lending platform based on the Ethereum blockchain
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| domain | founded_year | HQ Location |
Web3 social network platform
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| domain | founded_year | HQ Location |
A blockchain network for capital markets is operated.
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| domain | founded_year | HQ Location |
Programmable processor architecture is developed for energy-efficient computing.
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| domain | founded_year | HQ Location |
Provider of blockchain-based platform offering to mine coins
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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 Solv Finance
Frequently Asked Questions about Solv Finance
When was Solv Finance founded?
Solv Finance was founded in 2021.
Where is Solv Finance located?
Solv Finance is headquartered in Beijing, China.
Who is the current CEO of Solv Finance?
Ryan C is the current CEO of Solv Finance. They have also founded this company.
Is Solv Finance a funded company?
Solv Finance is a funded company, having raised a total of $26M across 6 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on May 08, 2021.
What does Solv Finance do?
Blockchain-based network for financial institutions. It offers a platform for tokenization and trading of primary market investment certificates. It offers a protocol for splitting and partial-transferring the tokenized allocations so that investors can trade part of tokens on markets.
Who are the top competitors of Solv Finance?
Who are Solv Finance's investors?
Solv Finance has 32 investors. Key investors include Binance, OKX, Hyperithm, Apollo Global Management, and Laser Digital.