Credible Finance provides a platform for lending and borrowing secured by real-world assets (RWAs) such as private credit and trade receivables, utilizing blockchain technology for transparent and traceable transactions. The service addresses the need for accessible financing options for SMEs and healthcare sectors by offering fiat loans backed by crypto collateral and rated borrowers.
Funding
Funding not disclosed
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) and healthcare providers often face challenges in accessing affordable financing options. Traditional lending processes can be slow, opaque, and may not adequately consider the value of real-world assets (RWAs) as collateral.
Solution
Credible Finance offers a platform for on-chain liquidity and off-chain payment solutions, enabling businesses to access global payments financing secured by RWAs. The platform connects borrowers with lenders through transparent and traceable transactions using blockchain technology. By tokenizing assets and providing credit assessments, Credible Finance facilitates fixed-yield earning opportunities for lenders and access to micro-financing for SMEs and healthcare consumer loans. The platform supports fiat loans backed by crypto collateral and rated borrowers, creating a secure and efficient ecosystem for real-world asset-backed lending.
Target Audience
The primary target audience includes SMEs seeking trade finance, healthcare providers needing consumer loans, and investors looking for fixed-yield opportunities in real-world asset-backed lending.
Features
- Fixed-yield earning opportunities from Non-Banking Financial Institutions (NBFIs), debt funds, bonds, and partner RWA protocols.
- Credit assessment and ratings provided by Credora for institutional borrowers.
- Transparent on-chain tracking of all transactions.
- Support for private credit and private equity investments.
- Integration with licensed NBFIs and Virtual Asset Service Providers (VASPs) for fiat loans.
- Short-term investment opportunities with a maximum 3-month lockup period.
- Governance token ($CRED) for community participation.
- Smart contracts audited by Sec3 for protocol security.