Payments & finance automation infrastructure for Web3
Job no longer available
Payments & finance automation infrastructure for Web3
1-20 employees
Job no longer available
1-20 employees
To make crypto and DeFi accessible to all.
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To make crypto and DeFi accessible to all.
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OAK Network builds DeFi and payment automation infrastructure, which enables users to schedule automated future and recurring payments based on on-chain events without the use of code, AWS servers of private key delegation.
While one-time transactions on the blockchain are pretty straightforward, setting up future or recurring payments at an unknown future price is a complex task, fraught with security risks, high expenses and requiring fairly comprehensive coding knowledge. It’s a problem that the vast majority of payment automation solutions haven't fully figured out yet, creating a huge opportunity for OAK Network.
The company, which launched in 2020, has been making encouraging progress thus far. It’s forged a number of tech partnerships with well-known blockchain service providers including BiFrost, SubWallet, and Web3Go. As well as this, it's secured substantial funding to grow its headcount and continue working on consumer-friendly DeFi solutions.
Freddie
Company Specialist
Jun 2024
$4.5m
SEED
Feb 2022
$5.5m
SEED
This company has top investors
Founders
Chris Li
(Co-Founder)Experience Crypto founder and investor. Founded and was CEO of Fore Labs, a research hub focused on accelerating tokenization. Former Senior Solidity Engineer at Ethereum and Software Development Engineer at Microsoft.
Irsal McGinnis
(Co-Founder & CTO)Worked in Software Development Engineering for Microsoft, Goldman Sachs, and ThoughtWorks between 2012 and 2016. Spent almost five years at banking infrastructure startup Blend, including a spell as Tech Lead and Engineering Group Manager, before joining Nova Credit as Senior Director Of Engineering.