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Qiro Finance provides a private credit protocol connecting stablecoin investors with emerging market asset originators.
Founded in 2023 by Akshay Poshatwar and Nishikant Bahalkar, Qiro Finance is based in Singapore. Its DeFi protocol connects stablecoin investors to real-world asset lending opportunities and provides capital access for fintechs and non-bank financial organizations. In June 2024, it raised USD 1.2 million in pre-seed funding led by Alliance DAO, with participation from Druid Ventures, Escape Velocity, Trident Digital and CMT Digital. The company planned to develop products, grow its team and build its ecosystem.
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