Swivel Finance

Swivel Finance is a decentralized protocol for fixed-rate lending and interest-rate derivatives.

Swivel Finance enables lenders to "lock-in" fixed-rate interest rates on their ERC-20 tokens with low transaction overhead and less risk.

Swivel Finance was founded in 2020 by Julian Traversa. The company is headquartered in Potomac, Maryland.

 

Swivel v1, as the most efficient protocol for trustless interest-rate swaps, provides lenders the ability to lend at fixed-rates or maximize yields with leveraged lending positions.

 

Swivel Finance has raised $1.15M in a Seed round on Dec 10, 2020. The financing was led by Multicoin Capital, with participations from Electric Capital, CMS Holdings, Defiance Capital, Divergence Ventures and others.

 

 

  • Year founded: 2020
  • Funding Info: $1.15M over 1 Round (Funding Type: Seed- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 2-10
  • Business Valuation: NA
  • City/Town: Potomac
  • State: Maryland
  • Country: United States
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