NFTfi: Funding, Investors & Team (Oct 2026)
NFTfi is a platform where NFT owners can use their NFT assets as collateral to borrow cryptocurrency from lenders or lend to other users. This allows NFT holders to access funds by pledging their NFTs as collateral. When a loan offer is accepted, the NFT is held in a secure escrow smart contract and the cryptocurrency is sent directly to the borrower's wallet. The assessment of the NFT's value for the loan follows a similar process used in the traditional art world, where institutions such as banks, galleries, or auction houses offer loans to artists based on the value of their art.
NFTfi has raised $11.0M across 2 funding rounds on record, the most recent an undisclosed round of $6.0M announced in Mar 2024.
That round is above the $3.6M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
NFTfi Company Profile and Key Stats
Latest funding round on record: Mar 2024.
NFTfi Funding Rounds
NFTfi raised $5.0M in a Seed announced in Nov 2021.
2.3 years later, an undisclosed round of $6.0M was announced in Mar 2024.
NFTfi Founders and Leadership Team
Contact details for the NFTfi team: 1 of 1 has an email address on file.
Start 14-day free trial →NFTfi Funding Compared to Other Commerce and Shopping Startups
NFTfi's latest round of $6.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like NFTfi in Commerce and Shopping and Cape Town
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NFTfi Funding FAQs
What does NFTfi do?
NFTfi is a platform where NFT owners can use their NFT assets as collateral to borrow cryptocurrency from lenders or lend to other users. This allows NFT holders to access funds by pledging their NFTs as collateral. When a loan offer is accepted, the NFT is held in a secure escrow smart contract and the cryptocurrency is sent directly to the borrower's wallet. The assessment of the NFT's value for the loan follows a similar process used in the traditional art world, where institutions such as banks, galleries, or auction houses offer loans to artists based on the value of their art.
How much funding has NFTfi raised?
NFTfi has raised $11.0M across 2 rounds on record. The most recent is an undisclosed round of $6.0M announced in Mar 2024.
When did NFTfi last raise funding?
NFTfi's most recent funding round on record is an undisclosed round of $6.0M, announced in Mar 2024.
Who founded NFTfi?
FundedIQ lists Stephen Young (Founder) at NFTfi.
Where is NFTfi headquartered?
NFTfi is based in Cape Town, Na - South Africa, South Africa.
How many employees does NFTfi have?
NFTfi is in the 11-50 employee band.
How does NFTfi's funding compare to other Commerce and Shopping startups?
NFTfi's latest round of $6.0M is above the $3.6M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's NFTfi Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for NFTfi is left off this page rather than filled in.
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