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Maple Finance

DeFi institutional credit marketplace

21-100 employees
  • B2B
  • Marketplace
  • Lending
  • Blockchain
  • Capital Markets
Melbourne, Victoria 3002, Australia

Company mission

To redefine capital markets through digital assets.

-8% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Maple Finance is a decentralised corporate debt marketplace built on the Ethereum blockchain and one of the first lending pools to provide capital to institutional borrowers. These can borrow without the need to post over 100% of their debt as collateral, which is Maple’s competitive edge, achieved by allowing borrowers to borrow from pools of capital.

Another compelling facet of Maple is their unique system which combines the efficiency of decentralised protocols through smart contract technology with the necessary human touch for bolstering confidence in the system.

Its 2023 investment round will enable Maple Finance to develop sophisticated financial products for institutions in the decentralised finance (DeFi) industry. This will enable the company to continue widening the field for DeFi and provide the most attractive opportunity for large institutional investors.

Benefits

  • Token allocation
  • 30 days paid time off inclusive of government holidays
  • Extreme flexibility to create your own working day
  • Both contract and full time opportunities
  • Can be paid in crypto if you desire
  • Annual trip to co-locate the Maple team
  • More planned as we grow and evolve

Company values

  • Personal Ownership
  • Focused Execution
  • User Prioritisation
  • Innovative Mindset

Funding (last 2 of 3 rounds)

Aug 2023

$5m

EARLY VC

Apr 2021

$1.4m

EARLY VC

$7.7m

Total funding

Founders

Sidney Powell

(Co-Founder & CEO)

Former Senior Associate at National Australie Bank and Treasurer at Angle Finance.

Joe Flanagan

(Co-Founder)

Background in consulting at Clover Advisory, Axesstoday and PwC.

Endorsements

All

Opportunities to learn (4)

Intelligent people (4)

Growing fast (3)

Challenging work (2)

Autonomy (2)

Supportive management (2)

Flexible working (2)

Innovative product (2)

Career progression (1)

Tech & tools (1)

We are always tackling new problems in the web3 space that require new ways of thinking. Such as handling async UI states where transactions might take 5+ minutes to confirm, to developing using web3 libraries.

Software Engineering

Innovative product

Nov 2021

Since working at Maple I have learned to use the ethers and web3React libraries whilst integrating other web3 libraries such as Gnosis safe, I have built features which utilise BigNumber calculations. We have also been put through workshops to learn the xState directly with the creator of the library. You are also entitled to a subscription for an online learning platform.

Software Engineering

Opportunities to learn

Nov 2021

The Maple team is full of people from impressive backgrounds.

Software Engineering

Intelligent people

Nov 2021

Building a protocol that has a complex balance of capital efficiency, gas efficiency, modularity, composability, all while trying to remain minimally opinionated. Working towards 3 separate composabile protocols for generally collateralized loans, pooling of assets for investing/liquidity, and general backstop insurance (for loans or pools).

Software Engineering

Challenging work

Nov 2021

Consistent and honest technical debate about the specific engineering problems and solutions. It's awesome to watch everyone bring their own ideas and proofs of concept to the table, critique the solutions, and borrow ideas to result in new elegant and efficient solutions.

Software Engineering

Intelligent people

Nov 2021

We're always learning and developing new and better ways to be more capital and gas efficient, as well as be more composable. This includes staying abreast of proxy contract mechanisms and the latest in DeFi and flash loan mechanisms. Also, we use HEVM/dapp-tools for all testing, which is a very powerful tool to thoroughly tests smart contracts, from unit tests, integration tests, and end-to-end tests.

Software Engineering

Opportunities to learn

Nov 2021

Having demonstrated a level of commitment and competence, I enjoy a high degree of autonomy in terms of my schedule, what I'm working on and how to carry out my tasks.

Software Engineering

Autonomy

Nov 2021

We have strong funding, a great team, and are executing well in one of the most promising areas of DeFi – undercollateralized lending. I'm enjoying our transition from a scrappy, little-known startup to a recognized player in the space, the growth in our team and evolution of our technology.

Software Engineering

Growing fast

Nov 2021

I've learned a great deal from my teammembers – both in engineering and beyond – and also have access to paid platforms and trainings from senior engineers. We also have the freedom to experiment with and implement new technologies and design patterns.

Software Engineering

Opportunities to learn

Nov 2021

Working at Maple has been extremely rewarding and challenging. We have built a sizable business in less than a year and continue to grow rapidly. We are solving new problems and using new tooling in the Web3 space and have to deliver features on a small team. Everyone member of the team is immensely important and you will acquire the most in demand skills of the entire software engineering industry, if not possibly the free world.

Software Engineering

Growing fast

Nov 2021

I joined Maple and we started building a new project that within a year achieved incredible success. This has given me the opportunity to gain skills in the DeFi space with a project that has found market fit. Success for Maple has brought new and talented teammates and the opportunity to increase my technical and managerial capabilities.

Software Engineering

Career progression

Nov 2021

We are working with the latest tech stack for DeFi and Web3 ethereum. Solidity, TypeScript, DappTools, Web3, Graph Protocol, IPFS, and other technologies that are a standard tool kit for building a successful protocol.

Software Engineering

Tech & tools

Nov 2021

Having flexible working hours is great because I can easily manage working and other life commitments. A good example is being able to go to the gym right in the middle of the afternoon, when it's the most empty, and while it seems silly, it's the sort of thing that contributes to a way more relaxed day.

Software Engineering

Flexible working

Nov 2021

Maple is on track to becoming a leading protocol in the cypto/blockchain ecosystem. Everyday more and more people know and are interested about us, which drives more growth.

Software Engineering

Growing fast

Nov 2021

The smart contract team is one of the best in the space hands down. It's quite difficult to find one really good senior developer, let alone build a whole team with +4 of them.

Software Engineering

Intelligent people

Nov 2021

In Maple you can organize the day as you wish, you simply have to attend the agreed meetings and maintain good communication with the team about the status of your tasks.

Software Engineering

Flexible working

Nov 2021

At Maple we work with the latest technologies, we build a product that does not exist on the market and that implies challenges that I have never faced before. Our product improves day by day and that means looking for new solutions that you have never considered before.

Software Engineering

Challenging work

Nov 2021

I have never before felt so valued in a company. At Maple they value your work and commitment with words but more importantly with contract improvements. In addition, you can choose between being paid with crypto (USDC) or on standard way.

Software Engineering

Fair compensation

Nov 2021

Maple Finance is at the bleeding edge of the decentralized finance space. We are bridging the gap between CeFi and DeFi. Everyday I have tons of exciting conversations. The spaces challenges you to grow both professionally and personally.

Sales & Account Management

Meaningful work

Oct 2021

Our team is incredibly diligent. We take a hands on approach towards problem solving and there are tons of opportunities to wear multiple hats within the company.

Sales & Account Management

Hard working team

Oct 2021

Our founders and directors are extremely supportive. They are willing to listen and implement ideas from anyone on the team. Really love our management team!

Sales & Account Management

Supportive management

Oct 2021

Since joining Maple I have been given the opportunity to leverage my existing skill-sets while progressively taking on new responsibilities. The Project is growing quickly and team members are given the opportunity to take on new tasks as they begin to master their existing role.

Operations & Strategy

Opportunities to learn

Oct 2021

At Maple, one of our core values is taking ownership. I have been able to own projects and am trusted to work independently in order to solve problems and drive results for the business.

Operations & Strategy

Autonomy

Oct 2021

In my time at Maple I’ve been supported and given the feedback necessary to grow in my role. We do daily stand-ups to sync and unblock work and also maintain a routine of consistent 1:1’s to help reflect on lessons from the week and continue to upskill me in my role.

Operations & Strategy

Supportive management

Oct 2021

Whilst Crypto and DeFi is an exciting field and you know you are in a sector, at a time well ahead of its greatest days. It's hard to find a place with a product that has strong market fit, with the potential of true mass global adoption. Maple's Institutional Credit Market is that! A $10Trillion Global Capital Market in need of modernising. The team is made up of the strongest SME's from TradFi, FinTech and Crypto. They are the most passionate, talented people, with exceptional backgrounds of professional successes and experience. The Maple platform is the product of people of the highest calibre. It's exciting to see what the next quarter will bring, let alone the next year or even 5 years.

People, HR, Recruitment

Innovative product

Oct 2021

There are 4 core values that we subscribe to at Maple, Personal Ownership, Focused Execution, User Prioritisation, Innovative Mindset. We make sure what we do or are planning to do is evaluated against these. In hiring, personal quarterly feedback sessions, OKR's. They are very helpful tools to keep us all culturally and professionally aligned. Something vital in a fully remote organisation. We have a weekly "All Hands" call each week. This is where, as many, if not all the Maple team get together and get an overview of the week past and ahead from all the departments. It's a really valuable touch point to know how what we are all doing comes together in the big picture. We also take this opportunity to highlight times in that week that an individual or team has displayed one or some of those values. A "tip of the hat".

People, HR, Recruitment

Clear values

Oct 2021

You just know the quality of the people in the team the moment you meet them. They are organised, confident in their own value, able to have their ideas challenged and even welcome it. It's all about collectively building the best Maple Finance possible. Inevitably the final choice or way, is an iteration of multiple inputs. No politics just good execution.

People, HR, Recruitment

Intelligent people

Oct 2021