LendLedger WEB2 Rating, Reviews and Details

Crowd Sale

To be announced

Private Sale

Aug 23, 2018

Oct 30, 2018

100% completed

Raised funds - no Data

past

Token Details

Accepted Currencies

ETH, BTCA, XLM

Additional Details

MVP/Prototype

Yes

KYC

Yes

About LendLedger

LendLedger brings together Borrowers, Lenders, and Data Providers in an open and decentralized network built on blockchain technology. Our mission is to solve the $8 trillion funding gap that over 200 million small businesses face globally as they struggle to demonstrate traditional credit histories. As the only blockchain-powered network that enables borrowers and financial institutions to transact in their local currency, we’re building a lending market that is inclusive, trustworthy, and profitable for all participants. Our software is already powering loans at a rate of $30 million per year in 400 cities across India and through blockchain we're scaling globally.

LendLedger will help small businesses and informal Borrowers secure affordable credit from financial institutions. Its open standards and trusted shared ledger will increase data sharing, market interactions, and lending volumes. LendLedger enables a more efficient, affordable, and inclusive lending market

Technical Info

LOANtokens are LendLedger’s digital asset. Credit Nodes (described in our Technical Paper) stake LOANtokens to issue the fiat-pegged LedgerCredit used by Lenders, Borrowers, and other Participants to transact on the network (make loans and recieve repayments). LedgerCredit is the protocol’s internal accounting unit. It is denominated in terms of government-issued (fiat) currency and acts as an IOU on the part of the issuer.

LendLedger Roadmap

Onboard Indian Lending Business

LendLedger's Indian lending business Happy Loans is currently disbursing loans at a run rate of $30million annually. By the end of the year we hope to have this entire lending business onboarded onto the LendLedger platform.

Expand into other markets - Q1 2019

LendLedger will expand into other emerging markets in Q1 of 2019. Kenya being one prevalent target due to the experience of our Community Experts and Advisors.

LendLedger Team

Verified 67%

Attention. There is a risk that unverified members are not actually members of the team

Gautam Ivatury

Co-Founder and CEO

verified

Manish Khera

Co-Founder

Greg Deforest

Head of Product

verified

Odysseas Sclavounis

Blockchain Network Governance

Sanachit Mehra

Blockchain Architect

verified

Daniella Loftus

Communications Manager

verified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Nick Hughes

Advisor

Alberto Jimenez

Advisor

Former members

Ignacio Mas

Advisor

LendLedger Interviews

Gautam Ivatury

As a team member, сan you tell us about your role in the ICO project?

My role is to set the vision and plan, and to help build the community. I've held similar CEO / Co-founder roles at multiple early-stage companies, innovation projects and other ventures.

What do you think about idea?

Having been in the financial sector for nearly 20 years, and having been a part of multiple innovations in mass-market / small business lending, I know that LendLedger and the like are the future.

Greg DeForest

As a team member, сan you tell us about your role in the ICO project?

My main function at LendLedger is to lead product, strategy & development, but as with most of the team, I also contribute across many other areas.

What do you think about idea?

LendLedger combines two ideas I think are critical to the future of lending - data driven lending & the transparency and objectivity of the blockchain.

Sanachit Mehra

As a team member, сan you tell us about your role in the ICO project?

I build and translate business requirements to tech specs and ensure that the specs are exposed as high performance infrastructure. I'm Winston Wolf. I solve problems.

What do you think about idea?

Designed for federated loan contranting, Lendledger is the data driven lending platform of the future.

Daniella Loftus

As a team member, сan you tell us about your role in the ICO project?

As Communications Manager I am in charge of the LendLedger brand. Creating content, assisting with investor outreach and marketing as well as managing social media channels.

What do you think about idea?

I think the problem our company is trying to tackle is one which is deeply pervasive - an $8 trillion credit gap exists because 250 million+ small businesses can't get loans due to a non-existent credit history. Our founding team have worked in this field for 20+ years and have connections to banks and prominent institutions in emerging markets. Additionally we already have a lending business (serving as our MVP) up and running in the market. Happy Loans already gives out loans to financially underserved Indian businesses at a run rate of $30 million per year. This entire business will be onboarded onto the LendLedger platform as soon as funds are raised.

LendLedger

About LendLedger

Technical Info

LendLedger Roadmap

LendLedger Team

Advisors

Former members

LendLedger Interviews

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