Maple Labs Pty Ltd
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Maple Labs Pty Ltd - overview
Established
2020
Location
-, -, Australia
Primary Industry
Financial Services
About
Based in Australia and founded in 2020 by CEO Sidney Powell and Joe Flanagan, Maple Finance operates as a corporate debt marketplace powered by blockchain technology, allowing institutions to carry out undercollateralized lending or borrowing from liquidity pools funded by the DeFi ecosystem in decentralised finance. In August 2023, Maple Finance raised USD 5 million in venture funding co-led by BlockTower and Tioga Capital Partners, with participation from Cherry Ventures, GSR Ventures, Room40 Ventures, The Spartan Group, and Veris Ventures. Maple operates as a provider of undercollateralized lending for institutional borrowers and fixed-income opportunities for lenders. The company offers borrowers financing completed entirely on-chain, and for lenders, it offers a sustainable source through lending to diversified pools of crypto’s premium institutions.
The company plans to use the August 2023 funding to allow new partnerships and technology development.
Current Investors
Maven11 Capital, Polychain Capital, Framework Ventures
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.maple.finance
Verticals
Blockchain, FinTech
Company Stage
Early Stage
Total Amount Raised
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