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Kasu

Adelaide, South Australia, Australia

Overview

Kasu is a Real World Asset (RWA) business lending protocol that leverages proprietary technology to optimise businesses' cash flows and credit risk to deliver higher-quality, risk-adjusted yields in DeFi. The platform layers automated debt recovery mechanisms and structured credit to improve risk management across private-credit RWA products. Kasu is an exclusive joint venture between Faculty Group and Apxium Technologies and will build on Apxium’s SaaS+FinTech innovation platform. Apxium’s platform provides Receivables and Payables Financing solutions for accounting and law firms and their clients. The technology has been shown to reduce accounts receivable administration and debtor days by up to 50%, de-risking debtor positions prior to advancing funds against invoices. Kasu intends to use the new capital to advance its platform and further refine its proprietary risk-optimisation and credit-recovery capabilities.

Total raised
$3M
Funding rounds
1
Latest round
Seed
Latest activity
Jan 2024

Industries

  • Financial Services
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Recent funding

  1. Seed

    Jan 2024

    $3M

Team

No current team members are available.