BNPL Pay raised $1 M in a IDO round on 2021-09-20.

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According to media reports, BNPL Pay raised $1 M in a IDO round on 2021-09-20.Following this round, BNPL Pay's total funding reached $7 M.
BNPL Pay is a decentralized lending protocol that puts credit in the hands of those who need it the most: those who cannot meet the requirements for collateralized loans. It tackles the counterparty risk associated with uncollateralized borrowing through a distributed network of Banking Nodes. BNPL Pay's system delegates tasks such as credit checks, risk assessment and other due diligence requirements to pool operators and creates incentive structures that reward and punish them for effective performance.

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BNPL Fundraising History
RoundAmountValuationTimeInvestor(s)
IDO$1 M--2021-09-20--
Key Milestones
  • 2021-09-21
    BNPL Pay raised $ 1.29 M through IDO
  • 2021-09-21
    BNPL Pay raised $ 5.85 M in Private round
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-- BNPL
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