Goldfinch
A decentralized credit platform for crypto loans without collateral.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $25.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2021 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Goldfinch Finance is a pioneering platform in the financial technology (fintech) sector that leverages blockchain technology to provide accessible and secure lending solutions. The company primarily serves small and medium-sized enterprises (SMEs) and impact-driven organizations in emerging markets, including Latin America, Africa, and Asia. Goldfinch Finance operates in the decentralized finance (DeFi) market, which uses blockchain to offer financial services without traditional intermediaries like banks.
The business model of Goldfinch Finance revolves around connecting borrowers with lenders through a decentralized platform. Borrowers, such as Addem Capital and ALMA Sustainable Finance, can access crypto capital for off-chain lending, which means they use cryptocurrency to fund loans that are then distributed in traditional currencies. This innovative approach helps overcome the challenges that small businesses and impact organizations face in securing financing, particularly in regions with underdeveloped financial infrastructures.
Goldfinch Finance makes money by charging fees on the transactions facilitated through its platform. These fees come from both borrowers and lenders. Borrowers pay interest on the loans they receive, while lenders earn yields on their investments. Additionally, the platform offers industry-leading insurance coverage from Nexus Mutual to protect against smart contract risks, ensuring the security of funds and enhancing trust among users.
The leadership team at Goldfinch Finance brings nearly 100 years of combined experience in building, scaling, and exiting sustainable impact companies. This extensive expertise underpins the company's mission to democratize access to capital and drive sustainable development across the globe.
In summary, Goldfinch Finance is revolutionizing the lending landscape by utilizing blockchain technology to provide secure, accessible, and efficient financial solutions for SMEs and impact organizations in emerging markets.
Keywords: blockchain, decentralized finance, lending, SMEs, emerging markets, crypto capital, sustainable development, fintech, secure loans, impact investing.
