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At Arch, our mission is to build world class financial products for the next generation of investors.
In January 2023, we launched our first product, cryptocurrency-backed loans. This has provided our users with access to credit while retaining the upside in an asset class that we believe is playing a crucial role in modernizing the outdated financial infrastructure of today. Today, our customers include individuals across the country, high net worth individuals and family offices, small and medium business owners, Bitcoin miners, hedge funds, energy companies and publicly traded corporations.
This is just the initial phase of a longer journey towards becoming a single financial hub for all our users’ assets. A lot of work remains to be done to realize our mission, and we’re looking for people enthusiastic to march towards it with us. By joining us at this stage you’re not only looking to build products, but also to help build a company.
Arch is a close-knit team from best-in-class fintech and consumer companies including Brex, Snapchat, Google, Tinder, Bridgewater Associates and more. We are well funded with $7.75m in backing from top-tier venture capitalists in both traditional finance and crypto including Galaxy Digital, Castle Island Ventures, Morgan Creek Digital, and more. We’ve also raised a $XXXm scalable loan financing facility.