NeoFi
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NeoFi - overview
Established
2021
Location
Bangalore, -, India
Primary Industry
Financial Services
About
Based in Bangalore, India, and founded in 2021 by its CEO Abhishek Kumar, and co-founders Shiva, and Rahul Kumar, NeoFi operates as a fintech company that offers investment solutions such as portfolio management for cryptocurrencies. In March 2022, NeoFi raised USD 2. 1 million in venture funding co-led by new investors Banter Capital, BlueZilla, Contango Digital Assets, Digital Strategies, Ghaf Capital Partners, Global Digital Assets, Magnus Capital, and Maven Capital, with participation from individual investors. As of May 2022, the company has more than 1000 users.
NeoFi offers a platform that allows users to build a diversified portfolio (baskets) of digital assets which are listed across multiple CEX and DEX. Neofi Baskets are designed on an idea on Web3, launchpads, blue-chip cryptocurrencies, a market theme such as the metaverse, GameFi, nonfungible tokens, and decentralized finance. In addition, the company allows users to stake their assets in multiple Defi protocols and earn yields through a dashboard. The company will use the venture funding to complete the development of its ecosystem and launch a suite of products to make investing in digital assets.
Current Investors
Digital Strategies, Global Digital Assets, Magnus Capital
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.neofi.app
Verticals
Blockchain, FinTech, Virtual Reality (VR)
Company Stage
Early Stage
Total Amount Raised
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