European crypto transactions above $1T in the past 12 months. This led to the launch of Credefi, a European Fintech/DeFi protocol that connects crypto lenders to SMEs borrowing under a government-driven economy.
Credefi’s team of strong financial professionals with over 40 years of experience aims to disrupt SME lending by helping companies gain access to the fast-growing DeFi space. Opening up a whole new world in DeFi and taking it to the next level by connecting it to the real economy.
Until now, the DeFi space was its own universe. Crypto Asset Lending and Borrowing Between Crypto Investors At the same time, small and medium-sized businesses are gradually being devalued by traditional banks. They also provide loans with consistently high interest rates.
Credefi aims to change that.
Credefi is a pioneer in connecting these two worlds and allowing DeFi capital to flow into the real economy. When Credefi’s vision came true Crypto investors will have a reliable source of return on stablecoins regardless of market ups and downs, while SMEs will be able to borrow and finance services that are fast, flexible and convenient.
Credefi’s platform enables decentralized and secure lending to business portfolios. This protects lenders by providing a stable APY that is uncorrelated to the volatility of the crypto market. and will not evaporate in a down market
The team has compiled a list of partners. It is the first blockchain project to partner with Experian, one of the world’s three largest credit scoring agencies. It is also partnering with Lithium Finance and SupraOracles to bring off-chain data to the network and with Polygon to reduce transaction costs.
Credefi has finalized a $1.8 million private round led by Marshland Capital and Moonrock Capital, with key investors including Titans Ventures, Varys Capital, ZBS Capital, X21 Digital, Magnus Capital, Skynet Trading, LucidBlue Ventures, Black Edge Capital, AU21 Capital, and AU21 Capital. Peech Capital, Metrix Capital, Maven Capital, Banter Capital, RR2 Capital; and investors like Heslin Kim
The project is doing an IDO with CardStarter on November 8th, with a CEX entry to follow after Credefi. It aims to be a gateway to DeFi for SMEs and replace the outdated bank services facing SMEs now. with a fast, flexible and user-friendly solution. You can learn more about the tokenomics platform and its latest developments in credefi.finance as well as Telegram and Twitter
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