press · Chainwire

ReSource Finance Raises $1.7M for Web3 Credit Platform

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ReSource Finance raises $1.7 million led by Future Perfect Ventures and NGC Ventures. The round supported building undercollateralized credit lines for Web3 businesses on the Celo Network. At the time of announcement, the MVP had been live since May 2021 in Asheville, NC — $380k+ credit extended, 250+ businesses onboarded, ~$40k transaction volume in two months.