Express

A16z Leads $11M Series A financing In Decentralized Credit Platform Goldfinch

Mary Liu

Summary: Goldfinch, a decentralized credit agreement completed $11 million in Series A financing led by a16z, other investors include Mercy Corps Ventures, A Capital, Access Ventures and Divergence Ventures, as well as some individual investors.  Goldfinch is headquartered in San Francisco and was launched last December. Its unique feature is that it can realize crypto lending ...

Goldfinch, a decentralized credit agreement completed $11 million in Series A financing led by a16z, other investors include Mercy Corps Ventures, A Capital, Access Ventures and Divergence Ventures, as well as some individual investors. 

Goldfinch is headquartered in San Francisco and was launched last December. Its unique feature is that it can realize crypto lending without crypto collateral. 

The injection of new capital will enable Goldfinch to build a lending community to expand its visibility and team. 

The team stated that its protocol has provided $2.5 million loans in seven countries including India, Indonesia, Mexico, Nigeria, and Vietnam, is planning to expand its business to other countries.

By Mary Liu

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago
  • You need to login to comment.