Cicada Partners is a Financial Services startup founded in 2023 with a core focus on pioneering Institutional Lending On-Chain through their Risk-as-a-Service (RaaS) model. With a motto to provide industry-leading third-party underwriting and pool management on DeFi Protocols, risk structuring, and institutional risk advisory services, Cicada Partners stands out in the fintech market. The company recently secured a notable $9.70M Pre Seed Round investment on 04 October 2023 with backing from prominent investors like BitScale, Shiliang Tang, Choppa Capital, and Bodhi Venture Labs. This injection of capital is expected to bolster their efforts in disrupting traditional institutional lending processes and pushing forward the adoption of decentralized financial solutions in the market.
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