PISAU UMAT: LendLedger

LendLedger

LendLedger connects lenders to unleveraged digital data to help bridge the lending gap between institutional lending capital and informal borrowers. LendLedger brings together borrowers, data providers (DPs), and lenders in an open global ecosystem built on blockchain technology. Each party controls the transfer of their encrypted data, eliminating the risks of a centralized intermediary. All participants on LendLedger will require an interface to interact with the ecosystem. LendLedger will support participants in the initial stages by providing a suite of software services to enable a plug-and-play solution.

Mind the gap

Trillion-dollar lending opportunity

Small businesses and informal sector borrowers struggle to get credit from formal lenders. Globally this has led to a multi-trillion-dollar lending gap.

Why? It’s a catch-22. Many borrowers simply can’t get a loan without a track record of their creditworthiness from an institutional lender. But they lack the documentation to obtain such a loan in the first place.

Lack of documentation
No credit histories and limited paperwork

Time-consuming
Lender procedures too burdensome for small borrowers

Expensive
Too costly for lenders to assess risks

Competition
Borrowers turn to friends and family—or worse, local lenders with onerous terms

How it Works

LendLedger is thrilled to announce our feature on the Bad Crypto Podcast’s 37th Crypto Spotlight.

The Bad Crypto Podcast, hosted by Joel Comm and Travis Wright, is the self proclaimed “world’s best cryptocurrency podcast!” and we were honored to be a part of creating this episode.

In this week’s Crypto Spotlight, LendLedger co-founder and CEO, Gautam Ivatury, discussed the LendLedger network and its background, following what those at Bad Crypto term the “6 T’s” (Tech, Team, Token, Timeline, Tribe and Traction).

Crowdsale

Token details Ticker LOAN
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Solutions

Our L-Data and L-Lend software have powered data sharing and loans for small borrowers who are part of India’s leading payments, mobile wallet, and money transfer networks. Lenders use our credit decisioning to originate and manage loans on the LendLedger network.

See how our APIs, interfaces, and proprietary analytics have unlocked formal loans to borrowers for the first time, using data shared by these providers.

Our Team

Gautam Ivatury Co-Founder and CEO
Innovator in emerging market fintech since 2002. Founding or CXO roles at SKS Microfinance, Gates Foundation-funded CGAP Technology Program, Signal Point Partners, Jipange Kusave, MeraDoctor, and ArthImpact.

Manish Khera Co-Founder
Pioneering banker in India for over 25 years. Founder or CEO at Fino PayTech, YTS (sold to Bharti Airtel), Airtel Payments Bank, and ArthImpact. World Economic Forum Young Global Leader.

Greg DeForest Head of Product
Stanford grad with 20 years of building products in Silicon Valley. Head of Product at Yahoo! Sports, founder of two financial services companies, and licensed financial advisor.

Odysseas Sclavounis Blockchain Network Governance
Expert on reputation systems in crypto markets and researcher on governance in public blockchains. PhD candidate at Oxford Internet Institute and doctoral candidate at Alan Turing Institute.

Srinivas Valluri Head Tech
Senior technologist translating 20 years of large-scale systems architecting to blockchain. Fourteen years in the UK with clients such as Ford, Tesco, and Sainsbury’s. Former CTO for multiple VC-backed startups in India.

Sanachit Mehra Blockchain Architect
Blockchain architect with 3+ years of industry-leading experience. Founder of Cateina Technologies, leading blockchain and API banking work for Yes Bank and India's insurance blockchain consortium.

Daniella Loftus

Communications Manager

Leveraging extensive experience working with social finance organizations such as The ImPact in New York, TAB in London, and Dasra in Mumbai. Daniella graduated Summa Cum Laude from NYU.