EQIFI and Sheesha Finance partner to enhance DeFi accessibility and global banking
By Pavithra R
EQIFI, a decentralized protocol for pooled lending, borrowing, and investing for ERC-20 tokens has announced partnering with Sheesha Finance, a comprehensive DeFi solution for investors to access diverse projects while solving issues surrounding locked crypto assets.
The partnership is built on the shared goal of democratizing financial products and will improve investor accessibility to various projects in Ethereum’s thriving DeFi ecosystem.
“The partnership with Sheesha Finance is a new step in solidifying EQIFI as a major player in the DeFi space. Since our launch earlier this month, we’ve seen unprecedented demand. Our team has been tirelessly working around the clock, answering emails and taking calls. Not only are we massively oversubscribed, but we have a considerable waiting list above our hard cap,” said Jason Blick, Chairman of EQIFI.
Despite the escalated growth of DeFi and billions of dollars transacted daily, the user experience and contribution process can be complex and overwhelming for investors looking for extensive exposure. EQIFI is powered by EQIBank and users may apply for EQIBank bank accounts, custody, debit, loans, and credit cards, OTC, and wealth management, while Sheesha Finance makes DeFi more accessible to mainstream investors by creating easily convertible assets that can help gain exposure to new and existing projects in the space
“We are thrilled to partner with DeFi leader, EQIFI, to provide global accessibility to financial products and services. Our roadmap includes partnering with the strongest projects to grow the DeFi ecosystem with integrity and transparency and we have found a strategic partner in EQIFI, who also supports that vision,” said Saeed Hareb Al Darmaki, founder of Sheesha Finance,” said Saeed Hareb Al Darmaki, founder of Sheesha Finance.
EQIFi is a leap forward in permissionless processes for international banking and financial services. It is a licensed and regulated Digital Bank protocol, fully enabling DeFi and seamless cross-platform transactions for the mass market.
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February 28, 2024
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