Pebble
Savings platform
Pebble
@PebbleFollowers735
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crypto investing appPebble, a savings platform that offers a 5% annual yield on all cash deposits, converts fiat money deposited by users into USDC and then lends the funds to "highly regulated institutions" such as crypto companies Coinbase and BlockFi, as well as traditional financial entities, including hedge funds, charging a premium in return. Pebble lends money with 150% overcollateralization.
Investors
LD Capital
Y Combinator
Global Founders Capital
Soma Capital
Eniac Ventures
East Ventures
LightShed Ventures
Richard MaM
Montage VenturesO
Odell Beckham Jr.M
Matthew BellamyFundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Seed | $6.20M | -- | 2022-05-22 |  LD Capital Y Combinator+ 9 |