Goldfinch Technology has filed a notice of an exempt offering of securities to raise $15 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Goldfinch Technology is raising up to $14,999,415.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Michael Sall played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Goldfinch Technology
The global decentralized credit protocol. Goldfinch is a decentralized credit protocol that allows for crypto borrowing without crypto collateral—with loans instead fully collateralized off-chain. A core limitation of current decentralized crypto lending protocols is that they require borrowers to overcollateralize their loans with crypto assets, which prevents the vast majority of borrowers in the world from participating. By incorporating the principle of “trust through consensus,” the Goldfinch protocol creates a way for borrowers to show creditworthiness based on the collective assessment of other participants rather than based on their crypto assets. Currently, all loans on the protocol are fully collateralized with off-chain assets and income.
To learn more about Goldfinch Technology, visit http://goldfinch.finance/
Goldfinch Technology Linkedin Page: https://www.linkedin.com/company/goldfinchfinance/
Contact:
Michael Sall, Chief Executive Officer
508-284-6368
https://www.linkedin.com/in/michaelsall/
SOURCE: http://www.intelligence360.io
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