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

  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 2 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 3 days ago
  • Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 4 days ago
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 6 days ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 7 days ago
  • You need to login to comment.