Frictionless Overview
- Year Founded
-
2021
- Status
-
Private
- Employees
-
7
- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$2.3M
- Investors
-
5
Frictionless General Information
Description
Developer of a liquidity marketplace designed to provide flexible, stablecoin-backed, yield-bearing assets to established originators around the globe. The company's platform offers instant, transparent, and independently verifiable risk passporting, auctioning, and collateralization of originator bonds, with all the benefits of the crypto rails, enabling digital and crypto investors to invest in traditional debt securities and loan portfolios via tokenized assets.
Contact Information
Website
www.frictionless.marketsCorporate Office
- 2C, Parc d activités
- Capellen, 8308
- Luxembourg
Corporate Office
- 2C, Parc d activités
- Capellen, 8308
- Luxembourg
Frictionless Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 1. Seed Round | 14-Nov-2022 | $2.3M | Completed | Generating Revenue |
Frictionless Signals
Frictionless Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Blizzard Avalanche Fund | Venture Capital | Minority | ||
| Cell Rising Capital | Venture Capital | Minority | ||
| Coinix | Venture Capital | Minority | ||
| Kyber Network | VC-Backed Company | Minority | ||
| QBN Capital | Venture Capital | Minority |
Frictionless FAQs
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When was Frictionless founded?
Frictionless was founded in 2021.
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Where is Frictionless headquartered?
Frictionless is headquartered in Capellen, Luxembourg.
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What is the size of Frictionless?
Frictionless has 7 total employees.
-
What industry is Frictionless in?
Frictionless’s primary industry is Other Financial Services.
-
Is Frictionless a private or public company?
Frictionless is a Private company.
-
What is Frictionless’s current revenue?
The current revenue for Frictionless is .
-
How much funding has Frictionless raised over time?
Frictionless has raised $2.3M.
-
Who are Frictionless’s investors?
Blizzard Avalanche Fund, Cell Rising Capital, Coinix, Kyber Network, and QBN Capital have invested in Frictionless.
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