Leveraging blockchain technology in order to provide small businesses loans in emerging markets.
Mission, Vision, Overall description of product / company
Loanbase is a one-stop international bitcoin crowd-lending platform that leverages blockchain technology in order to bring financial innovation to the small businesses in emerging markets.
Lenders and borrowers can build a universal credit history and also transact in their local currency. Additionally, the company only collects their fees from loan repayments.
Loanbase was launched by Kiril Gantchev in September 2013 and is based in San Francisco, California.