# Spin Labs: Financial services, Finland

> Spin Labs: Spin is a 360° decentralized trading and investments platform built on NEAR Protocol. Based in Finland. Founded 2021.

Source: https://millionrounds.com/startup/spin-labs (Millionrounds; every figure on the page links to its filing or article)

Finland · [Financial services startup](https://millionrounds.com/companies)

# Spin Labs

Spin is a 360° decentralized trading and investments platform built on NEAR Protocol.

Email

Funding reported Last round: Seed

Financial services Finland

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Company summary

- **Founded:** 2021 5 years old
- **Team:** 2 1 to 10 people
- **Funding reported:** 3.8M as listed, currency not stated
- **Last round:** Seed Feb 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Spin Labs has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Spin Labs

Spin is a 360° decentralized trading and investments platform built on NEAR Protocol.

Spin aims to offer DeFi users a CEX-competitive user experience with no compromise on user experience, security, speed, transparency, and trading costs. We combined the best of the CeFi and DeFi worlds to build an advanced 360° decentralized trading platform offering users a wide range of trading and investment instruments including: - Spot trading: Trade on spot using multiple order types, enjoy ~3 times lower trading fees compared to AMM DEXes, instant trade execution speed, and deep liquidity. Start trading 👉https://trade.spin.fi. - Instant swaps: Use the cheapness, liquidity, and speed of spot trading to make AMM-like instant swaps. Swap 👉https://trade.spin.fi/swap. - Perpetual Futures: Perpetuals are a powerful derivatives instrument that allows you to extract yields on any market and use capital more efficiently thanks to up to x10 leverage. Try Spin Perpetuals 👉https://perp.spin.fi. - Decentralised Option Vaults: Covered Call and Cash-Secure put. Spin automates financial strategies to create products that allow the generation of passive returns through various assets. Choose a strategy to get started.

## What company datasets say Spin Labs raised

Funding, as reported

Reported in all **3.8M** in the source's currency

Rounds **1**

Last round **Seed**

Last round size **3.8M**

Last round date **Feb 2022**

Investors listed **6**

## The company, in detail

What they build

Known for

nft utility defi nft trading perpetual trading nft collection on near information technology & services decentralized trading fast transaction finality blockchain technology financial services finance dex nft-based access nft rewards derivatives nft staking

Built with from their website

Google Workspace CloudFlare Google Meet CloudFlare CDN Cloudflare DNS Google Search Console Gmail

- **Sector:** Financial services
- **Industry code:** NAICS 5231, SIC 6732
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/spin)

## Financial services in Finland

Startups like it

- [**Mash - We say yes** Helsinki · founded 2007](https://millionrounds.com/startup/mash-we-say-yes)
- [**Enfuce** Espoo · founded 2016](https://millionrounds.com/startup/enfuce)
- [**Tesseract** Helsinki · founded 2017](https://millionrounds.com/startup/tesseract-5)
- [**vertaaensin.fi** Helsinki · founded 2015](https://millionrounds.com/startup/vertaaensin-fi)
- [**Zevoy** Helsinki · founded 2020](https://millionrounds.com/startup/zevoy)
- [**puro.earth** Helsinki · founded 2018](https://millionrounds.com/startup/puro-earth)
- [**ZIROOPAY** Espoo · founded 2014](https://millionrounds.com/startup/ziroopay)
- [**MNX** Startup](https://millionrounds.com/startup/mnx)

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