Decentralized Finance Network, DeFiner secured Undisclosed amount of Investment

DeFiner, a Minneapolis based decentralized finance network for crypto savings, loans, and payments, has now secured a new investment from the SNZ Holding.

DeFiner is founded by Jason Wu. It is a decentralized finance network for crypto savings, loans, and payments. It is supported by blockchain network technology. Its decentralized financial platform enables users to lend, borrow, and earn digital assets within a global network by providing 24/7 global accessibility.

Jason Wu, CEO of DeFiner, said, "This investment positions DeFiner further into the heart of the DeFi space, in an expanded community of investors and developers, providing innovative solutions within the blockchain industry. There have been several security incidents emerging from the DeFi boom during 2020, and DeFiner will use the support of its investors to continue monitoring the health of our savings and lending protocols."

The amount raised in the latest funding round was undisclosed. According to CrunchBase, the total amount of $470K was raised to date.

DeFiner, which will now join the SNZ portfolio alongside leading DeFi platforms such as Acala, Nervos, and Cosmos.

The company will leverage new funds to refine the security protocols on its non-custodial digital asset platform and keep up with the ever-evolving DeFi space.