The ICP-based lending protocol Finterest has completed a $1.5 million seed round financing

ChainCatcher news, according to Crypto Reporter, the lending protocol Finterest based on Internet Computer (ICP) announced the completion of a $1.5 million seed round financing, with investments from Polychain Capital (through its crypto fund Beacon Fund focused on the Internet Computer ecosystem) and 9Yards Capital among others.

It is reported that Finterest is the first non-bridged lending protocol in the Internet Computer ecosystem to support native Bitcoin lending services. The new funding will support its beta release in January 2023 and further expand its multi-signature wallet and oracle solution FinnyFeed, while also scaling up the team to provide decentralized lending services further. (source link)