Introduction
Celsius Network was founded in 2017 by Alex Mashinsky Nuke Goldstein Rod Bolger, and S. Daniel Leon. It has its headquarter in London, England.
Celsius is a Blockchain-based marketplace platform where membership provides access to curated financial services that are not available through traditional financial institutions. Celsius specializes in the fields of consumer lending, fintech, and financial services.
Celsius is proud to provide a platform of curated services that have been abandoned by big banks – things like fair interest, zero fees, and lightning quick transactions. Their goal is to disrupt the financial industry, one happy user at a time, and introduce financial freedom through crypto.
Celsius is a modern platform where membership provides access to curated financial services that are not available through traditional financial institutions. Crypto holders can earn interest by transferring their coins to their Celsius Wallet and borrow USD against their crypto collateral at interest rates as low as 4.95% APR.
Mission
The mission of Celsius Network is to put unparalleled economic freedom in the hands of the people.
Why Celsius?
Celsius brings the transparency of decentralized finance to a central company. Transparency is a critical part of their mission. Celsius does this through sharing information with their community and through the power of the blockchain.
Funding
Celsius Network has raised a total of $864.3M in funding over 8 rounds and is funded by 8 investors.
Below, are the details of the different rounds of funding received by Celsius Network
Funding Round | Money Raised | Number of Investors | Lead Investors |
Series B | $350M | - | - |
Series B | $400M | 2 | Caisse de Depot et Placement du Quebec
WestCap |
Venture Round | $18.8M | 2 | gumi Cryptos Capital (gCC) |
Corporate Round | $10M | 1 | Tether |
Initial Coin Offering | $15M | - | - |
Series A | $20.5M | 1 | - |
Venture Round | - | 1 | - |
Initial Coin Offering | $50M | 1 | - |
Acquisitions
Celsius Network acquired two organisations namely GK8 and BSAVE.
News & Media
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