Juro System provides a platform for the monetization of court-issued money judgment titles, enabling creditors to recover 100% of the legal value of distressed debts without the need for steep discounts. By acting as a global bad bank, Juro facilitates financial stability and liquidity for non-performing assets, supporting sustainable economic development.
Funding
$23M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ERFounders
Product
Problem
Creditors holding court-issued money judgment titles often struggle to recover the full value of distressed debts, typically resorting to selling them at steep discounts to debt collection agencies or private equity firms. This results in significant financial losses for creditors and hinders the efficient resolution of non-performing assets.
Solution
Juro provides a platform designed to enable creditors to recoup the complete legal value of their court-issued money judgment titles without accepting substantial discounts. By functioning as a global bad bank, Juro facilitates financial stability and liquidity for non-performing assets, thereby fostering sustainable economic development. The platform aims to commoditize law and justice, allowing creditors to receive 100% of the legal value of their judgments by converting them into digital money.
Target Audience
The primary target audience includes creditors, financial institutions, and investors seeking to monetize court-issued money judgment titles and manage distressed debt portfolios.
Features
- Platform for converting court-issued money judgment titles into digital assets.
- Facilitates the recapture of 100% of the legal value of distressed debts.
- Provides a global securitization platform for financial institutions to exit existing and future fund portfolios.
- Aims to provide price stability support and added efficiency to the financial system.
- Designed to reduce barriers to entry in home ownership, business ownership, and capital markets.