Augmentum: Enters the DeFi space with ParaFi

  • ParaFi Capital an alternative investment firm focused on blockchain and decentralized finance markets
  • Software continues to permeate every industry, driving efficiencies and facilitating innovation
  • Activity in the DeFi space gained significant momentum in recent years, attracting capital inflows of $21bn in the last year alone²
  • Partnership with ParaFi highlights conviction that software-led disruption move even deeper into the financial services stack
  • Within the DeFi ecosystem, teams of developers rebuilding fundamental layers of the financial system with open source software
  • ParaFi’s DeFi specialisation compliments Augmentum’s wider fintech expertise and teams uniquely placed to identify
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...