Super Mojo, Inc., a NYC-based financing platform designed to make digital assets more accessible for the next wave of users, raised a seed funding round of undisclosed amount.
The round was led by BH Digital, DRW Venture Capital, Intersection Growth Partners, and Neuberger Berman. Additional investors include Sfermion, Arca, Gemini, Everyrealm, Arrington Capital, BlockFi Ventures, Circle Ventures, Crossbeam Venture Partners, Draper, FJ Labs, FBG Capital, OP Crypto, Red Beard Ventures, and Ripple. .
Founded by CEO Amir Sarhangi and Head of Product and Engineering Craig DeWitt, two former executives at Ripple, Supermojo provides a platform that facilitates point-of-sale financing to improve the NFT purchase experience and collateralized lending for improved post-sale liquidity. Supermojo’s initial focus will be on partnering with marketplaces and storefronts that serve the $25B NFT market (DappRadar).
Today, the company also announced the appointment of Peter Sterling, Head of Specialty Finance at Neuberger Berman, as a member of the company’s Board of Directors.