01/07/2022
☕ What is brewing in the tech and SaaS world?
Goldfinch is a cryptocurrency startup that is developing a decentralized lending protocol. It will allow businesses to obtain cryptocurrency loans without possessing large quantities of cryptocurrency. Nowadays, most lending platforms rely on an end user’s existing crypto collateralization to determine whether they’re a good loan candidate. Securing valuable crypto assets over the loan’s worth provides for safer lending, but it also turns off a lot of potential loan recipients who don’t have large crypto holdings.
Read more: https://saasindustry.com/news/goldfinch-receives-a-25-million-investment-from-a16z-to-support-its-defi-lending-protocol-for-borrowers-in-developing-countries/?utm_source=facebook
Goldfinch is a cryptocurrency startup that is developing a decentralized lending protocol. It will allow businesses to obtain cryptocurrency loans without possessing large quantities of cryptocurrency. Nowadays, most lending platforms rely on an end user's existing crypto collateralization to determ