There are almost 2 billion people in the world who do not have access to traditional financial services such as savings or lending. For those that do, their control over their money is limited by constraints from intermediaries such as governments and banks. DeFiner is a fintech startup aiming to decentralise savings, loans and payments by allowing anyone to trade within a global network using blockchain technology.
DeFiner is one of a number of decentralised finance (DeFi) companies which launched around the DeFi boom in 2021 and is now jostling for position in a very crowded and risk-averse market. However DeFiner has an edge over the competition in its flexibility, offering significantly more financial products and greater flexibility in withdrawing funds than competitors such as OKX and YouHodler.
DeFiner has raised funding led by SNZ Holding, Signum Capital and Alphabit. This investment will allow it to continue to develop its DeFi platform, introduce new savings & lending products and to grow the company by onboarding new talent. If it can tap into the large market for financial products that remains unserved then it has an excellent chance to emerge from the current crypto market as a significant company in the DeFi space.
Steph
Company Specialist at Welcome to the Jungle
