About Term Finance
Term Finance is a company founded in 2022 by Dion Chu, Dai Yu, Robert Chu, and Billy Welch. It operates as a FinTech, and Two-Sided Marketplace. Term Finance has raised $8 million across 2 funding rounds from investors including Electric Capital. Term Finance offers products and services including Fixed-Rate Lending and Fixed-Rate Borrowing.
- Founders Dion Chu, Dai Yu, Robert Chu, Billy Welch
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Term Finance
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 2 rounds
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Latest Funding Round
$5.5 M (USD), Seed
Jul 09, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Term Finance
Term Finance offers a comprehensive portfolio of products and services, including Fixed-Rate Lending and Fixed-Rate Borrowing. 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.
Fixed-rate lending is offered via on-chain auctions.
Fixed-rate borrowing is facilitated through Ethereum auctions.
Funding Insights of Term Finance
Term Finance has successfully raised a total of $8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $5.5 million completed in July 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 2
- Last Round Seed — $5.5M
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First Round
First Round
(28 Feb 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Seed - Term Finance | Valuation |
investors |
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| Feb, 2023 | Amount | Seed - Term Finance | Valuation |
investors |
| 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 Term Finance
Term Finance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Electric Capital. 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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Cryptocurrency investment 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 Term 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 - Term 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 |
Term Finance Comparisons
Competitors of Term Finance
| 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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Frequently Asked Questions about Term Finance
When was Term Finance founded?
Term Finance was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Who is the current CEO of Term Finance?
Dion Chu is the current CEO of Term Finance. They have also founded this company.
Is Term Finance a funded company?
Term Finance is a funded company, having raised a total of $8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Feb 28, 2023.
What does Term Finance do?
Fixed-rate borrowing and lending services are offered on the Ethereum blockchain through Term Finance. Weekly auctions are conducted across various terms up to a year, enabling users to lock in funding costs or secure fixed returns for better cash flow management with crypto-backed loans. A transparent auction process is utilized to ensure fair and competitive market-clearing rates for all participants. The platform operates in the decentralized finance (DeFi) sector, focusing on innovative financial solutions.
What products or services does Term Finance offer?
Term Finance offers Fixed-Rate Lending and Fixed-Rate Borrowing.
Who are Term Finance's investors?
Term Finance has 1 investor. Key investors include Electric Capital.