SmartFin is a blockchain-based system that matches SMEs that are seeking finance to funders who can provide it. According to dltledgers, over 400 companies have already signed up, and can currently access financing from a handful of non-bank financiers, including TradeFlow, Drip Capital, Funding Societies, Crowd-Genie, Stenn International, and Capital Match.
SMEs are contacted by the dltledgers customer service team to verify their credentials, and once this is completed, they can submit their request for funding along with all their supporting documents directly via the blockchain platform, and control which lenders their application goes to.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now