Exactly Raises $3 Million In Seed Funding Round

Exactly Finance raised a $3 million seed round led by Kaszek.  The round was joined by other investors such as 6th Man Ventures, Baires DAO, 11–11 DG Partners, Newtopia VC, NXTP Ventures, and Sur Ventures. Angel investors such as Esteban Ordano (Decentraland), JP Thieriot (Uphold), Ariel Barmat (The Graph), Matias Woloski (Auth0) and Marcos Galperin (MercadoLibre) are also part of the event.

Exactly is building an open source, non-custodial protocol on Ethereum, that will bring fixed-income solutions for lenders and borrowers.

“This funding round will help us continue to build a world class team. Today we are focused on creating a new type of fixed income protocol with the support of outstanding DeFi & VC investors and the overall Ethereum community. The next challenge would be even more demanding, as we want to connect DeFi with the legacy financial system. To succeed, we need to bring fixed rates, and a superb experience to the Alices and Bobs of the world. Currently we can add value to a few hundred thousand of DeFi users but the world has 8 billion people to serve, and we’re eager to tackle this massive opportunity.”—

Exactly short term focus is to bring fixed income solutions to DeFi, its team’s long term vision is to connect DeFi to the legacy financial world. By connecting the global credit market to DeFi, traditional players could benefit from a liquid and transparent ecosystem which would benefit consumers, companies and investors at global scale.

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Exactly is building an open source, non-custodial protocol on Ethereum, that will bring fixed-income solutions for lenders and borrowers

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