Defynance, founded in 2018 and headquartered in the United States, is a portfolio company of Techstars Boulder that aims to revolutionize the student loan market. As the first fintech company to offer refinancing through a smart income share agreement (ISA), Defynance provides a debt-free and affordable payment model that also offers a unique cash return component.
The company's slogan, "Empowering Financial Freedom," encapsulates its mission to enable financial independence for individuals burdened by student debt, allowing them greater freedom to pursue their passions. This innovative approach is characterized by low volatility and scalable returns, making it a compelling addition to any investor's portfolio seeking both profit and social impact.
Defynance last secured a $247.90K Pre Seed Round investment on 25 January 2021 from noteworthy investors such as Techstars, Netcapital, and Aamir Rehman, underscoring strong confidence in its growth potential.