LendLedger is the first blockchain-based open protocol connecting data providers, lenders, and borrowers to help small businesses globally unlock the eight trillion dollars in loans they are unable to access today.
STO/ICO Status
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Basics
| Platform | Stellar |
|---|---|
| Type | Stellar |
| Accepting | ETH, BTC, XLM, Fiat |
| Circulating Supply | 45% |
| KYC | N/A |
| Restricted Areas | UK, US, China |
| Homepage | Website URL |
| White Paper | View/Download |
Bonus
- Private Sale - 50% ($250K+), 40% ($100K-$250K), 25% ($10K-$100K)
About
LendLedger brings together Borrowers, Lenders, and Data Providers in an open and decentralized network built on blockchain technology. Their 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, LendLedger is 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.
LendLedger’s founders and advisors have created or led pioneering ventures in emerging markets, including SKS (First microfinance institution to IPO in India), FINO Paytech (70 million clients), and M-PESA in Kenya (largest mobile money provider globally).
V.01 of the LendLedger protocol is already in use, powering $30 million in loan disbursements annually for Happy Loans, a licensed lender in India. Lenders leveraging the LendLedger protocol also do not need to hold crypto-assets, thereby significantly reducing barriers to adoption. Our LOANtokens are used to unlock lending credits on the network and give access for data providers, borrowers, and others.
