Parallel Finance
Leadership
Yubo Ruan - Founder & CEO
Founded
2021
Stage Invested
Seed
Backed Since
2021
Status
Private

Parallel Finance is a Decentralized Money Market Protocol that offers lending, staking, and borrowing, built on the Polkadot ecosystem. Depositors can lend and stake simultaneously to earn “double interests”, and borrowers can collateralize to borrow.

Parallel Finance
Fraction Fraction

Faction Ventures, L.L.C. ("Faction") and Lightspeed Management Company, L.L.C. ("LSVP") are separate businesses that operate independently of each other. Faction advises its own fund(s) and does not advise any LSVP clients, and LSVP does not advise Faction or any of its clients. LSVP and Faction are parties to an agreement pursuant to which LSVP holds certain interests in Faction and the fund(s) Faction manages.

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INDIA INDIA

Lightspeed Management Company, L.L.C. ("LSVP") and Lightspeed India Partners, L.L.P. ("LSIP") are distinct investment advisory entities, are not a unitary enterprise and operate independently of one another. From time to time LSVP may draw on its relationship with LSIP, and vice versa, but only to the extent consistent with its status as a separate investment adviser.https://lsip.com/

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