LendLedger brings together Borrowers, Lenders, and Data Providers in an open and decentralized network built on blockchain technology. Our mission is to solve the $8 trillion funding gap that over 200 million small businesses face globally as they struggle to demonstrate traditional credit histories. As the only blockchain-powered network that enables borrowers and financial institutions to transact in their local currency, we’re building a lending market that is inclusive, trustworthy, and profitable for all participants. Our software is already powering loans at a rate of $30 million per year in 400 cities across India and through blockchain we're scaling globally. Our differentiators as a project are:
- Unique Crypto Use: Only lending protocol for institutional (not p2p) fiat-based, MSME lending.
- Operational: LendLedger powers $30MM in lending annually at current pace, with new markets kickstarting.
- Ease of Adoption: Lenders and borrowers on the LendLedger network don’t need to hold or be savvy about crypto.
- Experienced Team: Decades in sector at global bodies (World Bank), banks, payment networks.