How do other projects stand out from the traditional system?
Credefi is backed by a regulated EU based financial institution that contributes know-how and alternatives. It additionally provides authorized safety for lenders.
Credefi is striving to expand the opportunities for both borrowers and lenders. For example, lenders are given an opportunity to assist the initiatives they believe in and would like to see rising.
Unlike the present banking system, which supplies an unsatisfying buyer expertise, the Credefi platform is designed so that individuals and companies can assist one another resolve the inefficiencies of the standard banking system.
Credefi removes bureaucracy. Almost anyone can become a project’s participant: permission to take part is not required, and the liquidity is borderless.
Credefi has been designed to unravel the issues of a centralized monetary system. A few of these are related to centralized management of financial institutions, deficient access to finance of the unbanked (members would be capable of receiving loans and function on the planet of web commerce), and other market inefficiencies such as excessive bank cards interchange charges, and poor interoperability. Credefi is here to address those issues and create value to the financial industry.