Frictionless Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 7

Employees

  • 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

Formerly Known As
DEFYCA
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 2C, Parc d activités
  • Capellen, 8308
  • Luxembourg
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
Corporate Office
  • 2C, Parc d activités
  • Capellen, 8308
  • Luxembourg

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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
To view Frictionless’s complete valuation and funding history, request access »

Frictionless Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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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
To view Frictionless’s complete investors history, request access »

Frictionless FAQs

  • When was Frictionless founded?

    Frictionless was founded in 2021.

  • Where is Frictionless headquartered?

    Frictionless is headquartered in Capellen, Luxembourg.

  • 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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