Masa

About

Based in California, US, and founded in 2021 by its CEO Brendan Playford, Moon Laboratories Inc. trading as Masa, operates as a credit protocol platform that provides wealth management, and loans through decentralized finance. In May 2022, Moon Laboratories Inc raised USD 3.5 million in venture funding from new investors Alves Ventures, DecentraNet, Flori Ventures, Flori Ventures, GoldenTree Asset Management, GSR, Intersect VC, Lateral Capital, Peer Venture Partners, Unshackled Ventures, and angel investors. Other unspecified investors also participated in the round. As of June 2022, the company has 36,000 people signed up to the platform and more than 2,100 node operators on its live testnet that supports zero-knowledge private transactions and smart contracts. Moon Laboratories Inc. develops infrastructure for Web3 that enables on-chain credit scoring. By aggregating off-chain and on-chain data into a non-fungible credit report, Masa gives lenders and developers access to the tools needed to evaluate borrower risk and launch lending products for individuals and businesses globally. The company's credit protocol comprises a decentralized credit bureau and embedded lending protocol consisting of a non-fungible credit report, composable credit primitives, smart contracts, and liquidity pools enabling developers to launch credit products in DeFi to match the existing centralized credit paradigm. The company will use the venture funding to expand its team and further develop its platform's features.