Background

Florence Finance

At Florence Finance we kill two birds with one stone:

1. We provide a crypto-agnostic (uncorrelated) real-world yield to an ecosystem that today is still overly dependent on trading fees, spreads & inflationary incentive schemes ("ponzinomics").

2. Address the societally significant SME funding gap that exists to varying degrees in developing and developed markets all over the globe.

Florence Finance works with existing SME lenders to gain access to diverse SME credit exposure by providing an alternative source of funding to Lenders with a proven track record of success in sourcing and managing specific types of SME credit.

Florence Finance seeks to be the most efficient and transparent wholesale funder (re-distributor) of such diversified SME credit exposure by creating a platform to enable real-world loans to be used as collateral in tried and tested DeFi primitives (loan vaults) to facilitate the efficient funding thereof, without the use of leverage or fractional reserves.

This RWA tokenization creates a plethora of RWA-backed yield-bearing digital assets (tokens/instruments) that are freely transferable and fully composable with other DeFi protocols.  We believe this will be a major driver in the next wave of crypto adoption.

Integrationstwitter

Florence Finance Platform Shutdown Notice

Mon 31st Mar 2025
**Final Day Notice**: Florence Finance's website and front-end interface will cease operations after March 31, 2025. - Users must redeem their Vault tokens and flrEUR from Treasury for EURA - Legacy support will continue but without the familiar website interface - Critical deadline for easy fund withdrawal is approaching *Important*: Take immediate action to secure your assets through the current user-friendly interface while it remains available.

Florence Finance Announces Project Wind-Down After Failed Merger

Tue 15th Oct 2024
Florence Finance, a Real World Asset (RWA) lending protocol focused on SME funding, has announced its closure following a failed merger attempt. The project's intended partner was delisted from Binance, eliminating key strategic benefits. With limited vault participation and dwindling treasury funds, the team has opted for an orderly wind-down through March 2025. Key achievements include: - €10M+ in real-world loans funded - €550,000 interest distributed - 60,000 NFTs issued - 10,000+ vault investors Third-party investors will be able to claim principal and accrued interest, with DEX pools remaining active for one more month.
Community article

Florence Finance Reports 10.7M+ SME Loans Underwritten Amid Global Credit Crisis

Mon 3rd Feb 2025
Small and medium-sized enterprises (SMEs), representing 90% of global businesses, face significant challenges accessing traditional credit channels. Key developments: - 10.7M+ loans have been successfully underwritten through alternative financing - A $10 trillion funding gap continues to affect SME growth globally - Traditional banks show preference for larger, established clients The credit access problem particularly impacts developing markets, where SMEs serve as crucial economic drivers. This persistent gap between SME credit needs and available financing highlights the potential for alternative lending solutions. *Data indicates the market opportunity remains substantial despite recent progress.*

Florence Finance Q4 2024 Interest Distribution Report

Mon 20th Jan 2025
Florence Finance has completed its Q4 2024 interest distribution: - Junior Vault: 34.1K credited - Caple Vault: 11.5K credited This distribution continues Florence's track record of generating real-world yields from SME lending, with total interest income now exceeding $541k. The platform connects stablecoin holders with SME credit opportunities, providing uncorrelated returns from traditional lending markets. *Key Highlight*: Consistent quarterly distributions demonstrate the platform's stability in delivering returns from real-world assets.

Florence Finance Junior Vault Nears Capacity with 9.5% APY Offering

Mon 6th Jan 2025
Florence Finance's Junior Vault, offering 9.5% APY, is approaching full capacity with only $35,000 remaining of its $1.5M allocation. The vault specializes in: - Short-term SME loan underwriting - Full backing by performing assets - Secure yield generation The vault operates alongside the Avellinia Vault (10% APY), managed by AvCap Investments Luxembourg, which provides similar SME loan security features. *Investment opportunity closing soon for this stable, real-world asset backed yield generation vehicle.*
Community article

SMEs: The Unmet $10T Funding Challenge

Thu 2nd Jan 2025
Small and medium-sized enterprises (SMEs) form the backbone of global commerce, representing 90% of all businesses and employing half the world's workforce. Despite their crucial role, these businesses face significant financing obstacles. - SMEs account for 90% of global businesses - Employ approximately 50% of worldwide workforce - Face a $10 trillion global funding gap - In developing nations alone, financing gap reaches $5.2T DeFi solutions are emerging to bridge this divide by connecting crypto investors with real-world SME lending opportunities, offering potential for stable returns while supporting economic growth. **Key Challenge**: Traditional financing systems often fail to meet SME needs, creating opportunities for alternative funding solutions.

Florence Finance Partners with Clearpool to Launch Ozean RWA Chain

Thu 14th Nov 2024
Florence Finance and Clearpool are launching Ozean, a specialized chain for real-world assets (RWA). Key features: - Compliance-first infrastructure for private credit funding - Focus on European SME financing market worth €400 billion - Seamless integration of real-world assets on-chain - Transparent and efficient private credit funding system The partnership aims to create new pathways for DeFi users to access Euro-denominated private credit, bridging traditional finance with decentralized systems.
Community article

Florence Finance Expands to Ethereum Mainnet

Mon 11th Nov 2024
Florence Finance ($FFM) has expanded its presence by launching on the Ethereum mainnet, adding to its existing availability on Arbitrum and Base networks. Key updates: - FFM liquidity now active on Ethereum mainnet - Second phase of Avellinia loan successfully funded - New FFM incentives added to flrEUR/EURC liquidity pool on Base via MERKL The expansion aims to increase accessibility and further the protocol's mission of connecting DeFi with real-world assets.
Community article

Florence Finance Partners with Avellinia Capital for Asset-Based Lending

Thu 7th Nov 2024
Florence Finance announces partnership with Avellinia Capital, a leader in alternative asset-based lending. Key highlights: - Partnership provides on-chain access to AvCap's institutional lending fund - Initial payout set at 10% p.a., distributed quarterly - Targets 12-15% IRR on loan portfolio - Focus on SMEs and fintech innovators underserved by traditional banks The collaboration enables crypto investors to access institutional-grade credit investments while providing Avellinia Capital an alternative funding source for future growth.
Community article

Florence Finance Completes Second Token Burn of 715,000 FFM

Thu 24th Oct 2024
Florence Finance has completed its second buy-back-and-burn operation, permanently removing 715,000 FFM tokens from circulation. The burn consisted of: - 289,000 FFM from real-world interest earnings - 426,000 FFM from accumulated trading fees This action aligns with Florence's commitment to burn all quarterly trading fees and repurchase 10% of real-world interest payments. All transactions are verifiable on Arbiscan and Basescan. Florence Finance continues to focus on providing stable yields through real-world lending to SMEs, offering: - No lock-up periods - Full transparency - Decentralized operations
dudes