Credora, an institutional credit infrastructure provider, closed a $6 million round with participation from S&P Global and Coinbase Ventures, Spartan Group, Amber Group, CMT Digital, HashKey Capital, GSR, KuCoin Ventures and others.
The funding will be used to further build institutional rails for credit, and enhance Credora’s private computation technology that helps accurately underwrite and monitor borrowers.
Founded in 2019, Credora provides lending infrastructure and systematic credit ratings for private credit markets. It utilizes privacy-preserving technology to improve lenders’ ability to properly evaluate credit risk in real-time. Credora said it has facilitated over $1B in loans across various borrower types.
TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email firstname.lastname@example.org. Your trust will be well respected.