Stellar Community Fund

Lendoor

SCF #45

Description

For Latin America's 186M+ credit-invisible adults, the capital to lend already exists, the data to price them doesn't, so they get rejected or pay 3–8x the rate for the same risk. Lendoor is a plug-and-play credit layer any wallet or exchange embeds to offer its users uncollateralized credit, with no risk team, no collections and no development on their side. We underwrite on on-chain and alternative data, not collateral. Our vision: become the credit layer of LatAm, and a portable creditworthiness primitive any Stellar app can plug into.