Fundz

Dubai-based platform Allo raised $100M in debt financing from a group of lenders, including Greengage, to bolster its Bitcoin-backed lending business.

PRIVATEDec 26, 2024

Amount Raised

$100 Million

Round Type

Debt Financing

Software

Investors

Greengage

Description

Allo, a real-world assets tokenization platform based in Dubai, has raised $100 million in debt financing to strengthen its Bitcoin-backed lending operations. The funding will help the company enhance its presence in the Bitcoin ecosystem.

Quick answer

Allo raised $100 Million in a Debt Financing round, dated December 26, 2024. Investors: Greengage.

How much did Allo raise?
Allo raised $100 Million in a Debt Financing round on December 26, 2024.
Who invested in Allo?
Greengage is named as investors in this round.
What does Allo do?
Allo.xyz is a protocol for Real World Assets and Bitcoin and the largest RWA marketplace by assets, with: - $2bn+ in assets, 1,500+ RWAs and 20,000 HNW clients enabling users to tokenize, invest and trade any financial..
Where is Allo based and how big is it?
Fundz records about 47 employees.
Who are the decision-makers at Allo?
Fundz holds 1 contact at Allo, including the Chief Founding Engineer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Allo that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised $105M (Funding Round) on January 15, 2025.
  • Crusoe raised $600 (Series D) on December 16, 2024.
  • Salience Labs raised $30M (Series A) on February 7, 2025.
  • Salience Labs raised $30M (Series A) on February 7, 2025.
  • Tyba raised $14M (Series A) on February 7, 2025.
  • n3xt raised $40M on February 7, 2025.

Who to call at Allo, and when

A new round usually means Allo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Allo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Allo, from your own LinkedIn network

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Company Information

Company

Allo

About

Allo.xyz is a protocol for Real World Assets and Bitcoin and the largest RWA marketplace by assets, with: - $2bn+ in assets, 1,500+ RWAs and 20,000 HNW clients enabling users to tokenize, invest and trade any financial asset on-chain. - Allo leverages a proprietary fund administration RWA ledger to increase speed, efficiency and reduce cost.

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Related People

1 contact
Verified contactsPankaj, Chief Founding EngineerSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Allo's next move

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Allo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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