Goldfinch Provides Cauris with $5.1M as Part of a $100M DeFi Fintech Debt Fund

We are excited to share that Cauris, a team bringing DeFi to fintechs, has raised $5.1M through the Goldfinch Protocol. This is the first step in raising a larger $100M fund focused on driving financial inclusion and providing access to capital to 100 million people across the world.

Borrower Spotlight: Cauris Finance

Website

https://www.caurisfinance.com/

Geography

Africa, Asia, Latin America, and Europe

Borrower Pool

$5.1M, Pool link

Description

The Cauris mission is to drive financial inclusion by helping small and medium businesses across the Global South scale, an effort the World Bank estimates currently requires $5.2TN in financing to accomplish. Cauris aims to facilitate access to credit to 100 million people through its fintech partners. Cauris believes this is key to empowering individuals and enabling economic growth.

Cauris fundamentally believes DeFi will be the future and provides a unique opportunity to democratize and lower the cost of financing to the fintechs it partners with.

A few key facts about Cauris:

• Cauris capital will help serve an estimated one million loans to individuals and SMEs in Asia and Africa.
• Cauris is partnered with teams like Branch that offer mobile financial services across emerging markets and Float, which helps over 44 million SMEs across Africa access capital.
• Cauris currently lends in India and is rapidly expanding to Ghana, Nigeria, Kenya, Uganda, and Rwanda.