Goldfinch is a crypto startup building a decentralized lending protocol that allows organizations to receive crypto loans without owning massive amounts of crypto already.
Goldfinch aims to take a more blended solution to crypto lending with its protocol.
Goldfinch was founded in 2020 by Michael Sall and Blake West. The company is headquartered in San Francisco, California.
Goldfinch allows unsecuritized borrowers to benefit from decentralized finance (DeFi) lending that would otherwise be beyond their reach because of high collateral preconditions.
Goldfinch’s community of lenders are a mix of crypto enthusiasts, crypto and credit funds and professionals with traditional financial services experience.
Goldfinch has enabled $39M in active loans, which have reached more than 230,00 end borrowers, that have been deployed to a handful of fintech firms.
Goldfinch is backed by Andreessen Horowitz, Coinbase Ventures, SV Angel, Mercy Corps Ventures, A Capital, Blocktower, Access Ventures, Divergence Ventures, Bill Ackman, Heli-cap, and others. The company raised $25M in Series B round on Jan 06, 2022. This brings Goldfinch's total funding to $36.7M to date.