Today’s private credit market is fragmented. Nonbank lenders often depend on several providers to make and manage loans, keep records, distribute payments, and ensure transactions are accurate. Brooklyn-based fintech company called Tare is pledging to simplify the process by using blockchain technology on Avalanche to bring those functions onto a single platform.
Today’s private credit market is fragmented. Nonbank lenders often depend on several providers to make and manage loans, keep records, distribute payments, and ensure transactions are accurate. Because those providers all rely on different internal systems, the process can be slow and costly. That’s why a Brooklyn-based fintech company called Tare is pledging to simplify the process by using blockchain technology to bring those functions onto a single platform.