Fincake
Easy-to-use Portfolio Tracker your financial portfolio, including stocks, crypto, nft, bonds, mutual funds, and exchange-traded funds (ETFs).
| Date | Investors | Amount | Round |
|---|---|---|---|
$900k | Seed | ||
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Established in 2022 and based in Road Town, British Virgin Islands, Fincake is a financial technology company operating as a portfolio tracking platform. The service is designed to provide investors with a consolidated view of their assets, bridging the gap between traditional finance and the digital asset space. Fincake allows users to monitor a diverse range of investments, including stocks, bonds, and ETFs, alongside crypto assets like cryptocurrencies, NFTs, and liquidity pools.
The platform functions by aggregating data from numerous sources and blockchains through APIs and coordinated parsing, presenting the information in easy-to-understand tables and charts. It supports a wide array of blockchain networks such as Bitcoin, Ethereum, Solana, and Polygon, enabling users to track tokens, revenue farms, and other DeFi activities. A key aspect of Fincake is its social component, designed to foster a community of investors who can share their portfolios and insights. The project is structured as a Decentralized Autonomous Organization (DAO), where governance and ownership are intended to be distributed among its community members and token holders, contrasting with traditional corporate structures. This model aligns with the Web3 philosophy, where service developers, early adopters, and token buyers collectively own and guide the platform.
Fincake's business model is rooted in its Web3 structure, which is inherently different from traditional companies. While typical DAOs can generate revenue through transaction fees or a percentage of profits from funded projects, Fincake's specific revenue streams are centered around its community and tokenomics. The platform's structure is designed to stimulate activity within the ecosystem, with the tokenomics playing a crucial role. The alpha version of the platform was launched for testing in October 2022. Keywords: portfolio tracker, crypto assets, traditional investments, web3 platform, decentralized autonomous organization, DAO, asset aggregation, investment tracking, DeFi, NFT tracking, financial data visualization, blockchain analytics, multi-chain support, social investing, Fincake.io, digital assets, stock tracker, bond monitoring, ETF analysis, community governance