Babel Finance
Founded in
2018
According to Babel Financial (formerly known as 40 20), it is a global leader in cryptocurrency finance with the three core businesses of crypto lending, crypto asset management, and crypto prime financing.
Became a unicorn in
2022
Lunicorn analytics
Industry
Human ressources
Technology
Artificial Intelligence
Business model
SAS
Customer
B2B
Value
Improve UX
Details
CoinDesk: Babel Finance was founded by a group of former hedge fund traders who view blockchain as a superior technology to better manage capital. Babel Finance, a crypto lender with plans to offer financial products for bitcoin investors, announced that its chief financial officer has ties to Citigroup and Foxconn. Crypto player "Babel Finance" has breached the US$100 million valuation barrier, raising the stock to approximately US$2bn. Language Extensions enumerates Babel as a single-trading crypto giving it the status of a unicorn.
Workforce :
101-250
Valuation
2.0
billion USD
Highest post-money valuation
It's a Unicorn !
Fundings
120
million USD
Total number of fundraisings :
4
Last known
May 2022
Series B
80
million USD
2022
Babel Finance
According to Babel Financial (formerly known as 40 20), it is a global leader in cryptocurrency finance with the three core businesses of crypto lending, crypto asset management, and crypto prime financing.
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