Libra Credit
blockchain . blockchain (lending)
FOUNDING YEAR: 2017
LOCATION: United States
Last Update: 01/05/2020
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MEDICI Analysis
Libra Credit is a decentralized lending ecosystem built on the Ethereum blockchain. It facilitates open access to credit anywhere and anytime by collaborating with partners in both crypto and financial markets
Focus
PRODUCTS & SERVICES
The blockchain-based platform provides access users with credit by leveraging a dual-credit assessment framework.
EXISTING PARTNERSHIPS
The company has partnerships with crypto exchanges
stablecoin providers (e.g. Maker DAO)
third-party identity verification data providers (e.g. uPort)
and licensed financial institutions (e.g. banks
asset managers).
People
FOUNDERS
Lu Hua
BOARD MEMBERS AND ADVISORS
Scott Thompson
Shuoji Zhou
Kenneth Oh
Liam Robertson
Brett King
INVESTORS:
KEY EMPLOYEES:
Lu Hua (CEO); Dan Schatt (President)
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
1
TOTAL FUNDING
$14 M
DATE OF LAST FUNDING
Apr 2018
TOTAL FUNDING COMMENT
The company plans to use the funds to democratize Lending and Bring Liquidity to the Crypto Marketplace(APril 2018).
FUNDING SERIES
SERIES A · $14 M · Apr 2018
LISTED
NO
COMMENT
ICO: $16 M(April 2018)
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