ReSource Finance Raises $1.7M to Offer Undercollateralized Credit to Web 3 Businesses

[PRESS RELEASE – San Francisco, United States, 12th August 2021] Decentralized credit protocol, ReSource Finance completed a $1.7 million funding round led by Future Perfect Ventures, NGC Ventures, and ExNetwork to enhance decentralized credit access to Web 3 businesses. Other investors in the round include Davoa Capital, BlockRock Capital, Moonwhale Ventures, Follow the Seed, Floem Capital, Flori Ventures (a Celo-focused ecosystem fund), and Tokenomik.
The financing will be used to boost customer acquisition on the ReSource Finance dApp and better its reputation-based decentralized lines of credit to small-scale businesses. In a statement, the firm reiterates the need to provide credit to these “authentic economy builders” on a peer-to-peer platform without an intermediary.
Jalak Jobanputra of Future Perfect Ventures, the lead investor in ReSource, said the latest funding aims to complete the common goals shared with ReSource. Future Perfect Ventures launched in 2014 with a goal

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Źródło: https://cryptopotato.com/resource-finance-raises-1-7m-to-offer-undercollateralized-credit-to-web-3-businesses/

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