Qiro Finance is a Singapore‑headquartered decentralized finance startup building a decentralized credit protocol to bridge credit gaps in emerging markets. Founded by Akshay Poshatwar and Nishikant Bahalkar, the company connects non‑banking financial institutions in emerging markets with global investors using blockchain and stablecoin technologies. Its protocol facilitates tokenized real‑world asset (RWA)‑backed credit applications by integrating asset originators, investors, and credit underwriters and aims to provide open credit data and risk underwriting infrastructure. Qiro plans to initially support fintech asset originators in Southeast Asia with plans to expand into other emerging markets. The startup recently closed a $1.2M funding round and has also received a 100,000 MATIC grant from Polygon and a $50,000 development grant from the Aptos Foundation. The company positions itself to mitigate limited non‑bank credit access in emerging markets and to scale RWA credit on‑chain with a protocol‑level risk management layer.

Total raised

$1M

Funding rounds

3

Latest round

Grant

Latest activity

Jun 2024