back Back

X-Margin announces its rebranding to Credora

By Edlyn Cardoza

August 02, 2022

  • Capitalflow
  • CeFi
  • Credit risk
Share

Credora, X-Margin, Capitalflow, Credit Risk, Real-time Privacy-preserving Credit Evaluations, DeFi, CeFi, Risk Monitoring Solutions, USAX-Margin announced that it has rebranded as Credora. X-Margin was founded with the aim to help disintermediate capital flows and create more efficient markets for cryptocurrencies. Since 2019, X-Margin has evolved and now offers real-time privacy-preserving credit evaluations that facilitate transparent, competitive, and efficient crypto credit markets.

The name, Credora, the credit oracle, aligns more with the underlying technology and vision for the company’s future. The criticality of understanding counterparty credit risk has been illuminated by recent market events, highlighting the need for Credora’s privacy-preserving credit evaluation and real-time risk monitoring solutions. Credora’s integrations with DeFi and CeFi partners will continue to power data-driven lending and facilitate efficient credit markets for borrowers and lenders. In addition, Credora’s technology will help lay the foundation for standardised and secure credit evaluation methods, helping guide the future of credit and regulation in crypto.

Credora’s team has developed private credit infrastructure that evaluates the real-time creditworthiness of borrowers while protecting sensitive data. To date, Credora has facilitated $750 million+ in uncollateralised loans across 70+ borrowers & lenders with clients and can help well-capitalised, risk-managed borrowers borrow transparently and securely.

Credora currently monitors over $4 billion of borrower assets with a coverage of 85% of CeFi volumes while covering DeFi and staking activity from 14 EVM compatible chains and Solana. Credora (X-Margin) raised $8 million in a Series A funding round backed by leading digital asset investors.

Previous Article

August 02, 2022

Tuotuo Digital completes new round of financing

Read More
Next Article

August 02, 2022

OneID partners with DocuSign to provide identity verification

Read More









IBSi Daily News Analysis

Middle East, Egypt

January 16, 2024

Capitalflow

Egypt among top remittance recipient countries in 2023: World Bank

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Finastra taps Databricks to boost AI capabilities & enhance services

Read More

Today

FinBox & Capital Now team to enhance digital onboarding and risk assessment

Read More

Today

Surge in digital identity fraud is a major problem for financial services, research reveals

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023