EthicHub is a Spain-based startup and was founded in 2017. The company's slogan "🌿EthicHub🌿: 1st ReFi for underserved, securing sustainable lending. Crowd-lending with crowd-collateral backs unbanked" highlights its focus on serving the financially underserved through regenerative finance solutions. The company offers a crowd-lending backed by crowd-collateral, utilizing blockchain technology to connect decentralized finance to the real-world productive economy. This innovative approach is termed as Blended Finance 2.0, marking a significant advancement in the realm of sustainable lending. In a recent development, Heifer International made a $420.00K Debt Financing investment in July 2023, further solidifying EthicHub's position as a pioneering force in the realms of Blockchain, Fintech, and Web3 industries. EthicHub's innovative solutions and recent investment from a reputable institution indicate promising growth potential and a commitment to the ethos of sustainable finance.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $420.00K | 1 | Heifer International | 01 Jul 2023 |
Seed Round | $1.60M | 3 | 01 Feb 2022 | |
Non Equity Assistance | Unknown | 1 | 01 May 2020 | |
Grant | $40.00K | 1 | Chivas Venture | 01 Apr 2020 |
Debt Financing | $600.00K | 1 | 10 Jan 2020 |
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