Folks Finance

Accounting/Finance Blockchain/Web3

@FolksFinance Website LinkedIn Miami, Florida, USA

About Folks Finance

Folks Finance is a decentralized finance (DeFi) platform that provides users with innovative financial solutions, including lending and borrowing services, leveraging blockchain technology to enhance security and transparency.

Business Information

Target Customers

individual investors crypto enthusiasts small businesses

Industry Categories

Accounting/Finance Blockchain/Web3

Business Model

Revenue Model Transaction fees and interest on loans

Pricing Strategy Variable interest rates based on market conditions

Sales Channels direct, partnerships with crypto exchanges

Funding Timeline

Round	Date	Amount	Investors
Series A	Nov 01, 2024	$3.2M	Borderless Capital, Algorand Ventures, Mapleblock Capital

Founders

No founder information available.

Investors

Algorand Ventures

Venture Capital

Borderless Capital

Venture Capital

Mapleblock Capital

Venture Capital

Recent Mentions

Research Wizard .g (✸,✸) (Ø,G) 「🦑」∞ TΛNSSI @Siddiq_191

May 25, 2025

4/ Funding Breakdown Folks Finance has raised $6.2M total: • Seed Round (2022): $3M from Coinbase Ventures, Jump Crypto, OKX Ventures, and ParaFi Capital. • Series A (Nov 2024): $3.2M at a $75M valuation, led by Borderless Capital, with Algorand Ventures, Mapleblock

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