Open Lending Network offers a blockchain‑based Banking‑as‑a‑Service platform that enables regulated banks and fintechs to originate loans collateralized by Bitcoin and other tokenized assets. The solution records loan health metrics on a public ledger, uses an automated matching engine to set market‑driven rates, and embeds a configurable micro‑fee that funds nonprofit streams, with revenue derived solely from that fee.
Funding
Funding not disclosed
Founders
Product
Problem
Banks and fintech firms lack a turnkey infrastructure to safely originate loans backed by Bitcoin or other tokenized assets, resulting in limited yield options for depositors and opaque risk visibility. Traditional lending platforms also keep charitable contributions separate from core banking operations, limiting the scalability of philanthropic impact.
Solution
Open Lending Network delivers a blockchain‑based Banking‑as‑a‑Service (BBSaaS) platform that enables regulated banking organizations to accept Bitcoin and tokenized assets as collateral for depositor‑driven lending. The system records all loan‑related health metrics—reserve ratios, utilization, and profitability—on a public ledger, providing real‑time transparency for both regulators and customers. An automated market‑matching engine pairs depositors with borrowers and determines rates through open market dynamics, eliminating the need for manual underwriting. A built‑in micro‑fee layer routes a configurable fraction of every transaction to pre‑selected nonprofit streams, embedding sustainable giving directly into the lending workflow. The platform is offered without subscription fees, with costs covered by the transaction‑level micro‑fee.
Target Audience
The primary customers are regulated banks, fintech startups, and under‑banked financial institutions seeking to add crypto‑backed lending and transparent risk reporting to their product suites.
Features
- On‑chain ledger that logs deposit balances, collateral valuations, reserve ratios, and risk exposure in real time
- Automated matching engine that pairs collateralized deposits with borrowers and derives market‑driven interest rates
- Support for Bitcoin and a broad set of tokenized assets (fractional ownership tokens, securities, real‑estate tokens) as loan collateral
- Zero‑subscription SaaS model; platform revenue generated via a configurable micro‑fee on each loan transaction
- Integrated charitable giving module that automatically allocates a predefined percentage of every transaction to donor‑chosen nonprofits
- API and SDKs for seamless integration with existing core banking systems and compliance workflows
- Role‑based access controls and cryptographic security ensuring compliance with banking regulations and data‑privacy standards