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Folks Finance

Capital markets protocol for borrowing and lending

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Folks Finance

Details

Folks Finance is a capital markets protocol for borrowing and lending, built on top of Algorand. Users can deposit assets to accumulate yield, take loans by providing collateral, swap assets via Folks Router, and participate in Algorand Governance through gALGO and xALGO assets.

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Significant Events

Nov, 2024

Folks Finance raised $ 3.2 M in Series A round

Feb, 2024

Folks Finance completed a strategic financing

Jan, 2022

Folks Finance raised $ 3 M in Seed round