Amara Finance Secures New Round of Funding on November 13, 2021
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According to industry reports, Amara Finance completed a new round of funding on November 13, 2021. Participating investors included Waterdrip Capital, Digital Finance Group, Digital Renaissance, Chain Capital, PreAngel, BTX Capital, AngelOne, and DEC.ventures.Amara Finance is a cross-chain financial aggregator dedicated to becoming a DeFi collaboration hub connecting the Polkadot ecosystem with non-DOT environments. Its core products include: AmaraLend, a multi-chain lending protocol focused on long-tail assets; AmaraLink, a multisignature cross-chain bridge linking Polkadot and non-DOT ecosystems; and AmaraPay, an aggregation payment gateway protocol designed for rapid global response.As blockchain cross-chain technology continues to advance, demand for cross-chain financial solutions within the DeFi sector is rising. Through its innovative product suite, Amara Finance provides users with seamless cross-chain financial services and is expected to play a significant role in driving the development of the DeFi ecosystem. This latest funding will further support Amara Finance in enhancing its product capabilities, expanding market presence, and delivering high-quality cross-chain financial services to a broader user base.
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DOT fundraising-history
| fundraising-Round | fundraising-amount | fundraising-valuation | fundraising-time | fundraising-investor |
|---|---|---|---|---|
| -- | -- | -- | 2021-11-12 | Waterdrip Capital,Digital Finance Group,Digital Renaissance,Chain Capital,PreAngel,BTX Capital,AngelOne,DEC.ventures |
fundraising-key-milestones
- 2021-11-13Amara Finance completed a new funding round
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