We are excited to announce Goldfinch, a protocol building one of the biggest missing pieces of DeFi: loans without collateral. We believe this is the crucial step that finally opens crypto lending to the majority of the world. By decentralizing the process, DeFi can unlock an entirely new layer of underwriting capacity by allowing anyone to be a lender, not just banks.
To get there, we’re starting in emerging markets, which have the most unmet demand. Since launching in December, the protocol has already deployed $1M in capital to thousands of borrowers across Mexico, Nigeria, and Southeast Asia.
Crypto Loans Without Collateral