Crypto transactions in Europe surpassing $1T in the last 12 months, the stage is set for the launch of Credefi – a European Fintech / DeFi protocol connecting crypto lenders with small & medium enterprise (SME) borrowers from the fiat economy. Credefi’s strong team of finance professionals with 40+ years’ experience aims to disrupt SME lending by enabling companies to tap into the fast-growing DeFi space, opening a whole new segment in DeFi and taking it to the next level by connecting it with the real economy. So far, the DeFi space has been a universe of its own – lending and borrowing crypto assets between crypto investors. At the same time small and medium enterprises have been historically underserved by traditional banks and are borrowing at consistently high interest rates.
Credefi is a pioneer in bridging those two worlds and enabling the flow of DeFi funds to the real economy. When Credefi’s vision gets realized, crypto investors will have a reliable source of yield on their stablecoins regardless of bull/bear market dynamics, while SMEs will enjoy quick, flexible, and convenient borrowing and financial services. Credefi’s platform enables decentralized and secured lending to portfolios of businesses, protecting lenders while providing them fixed APY that is uncorrelated with crypto markets’ volatility and won’t evaporate in a bear market. Credefi aims to become a gateway to DeFi for SMEs and render obsolete the bureaucratic and overregulated banking services SMEs now have to cope with, replacing them with a quick, flexible and user-friendly solution.