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πŸ‘‰ Why we exist

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Why we exist

We want to revolutionise the $2.3 trillion private debt industry

❓ The problem today

<aside> πŸ› οΈ Lending is hugely complex, and lenders don’t have the right tools to help them thrive.


There is so much more to lending than simply finding businesses that require a loan, and then deciding the loan terms. Unfortunately, it’s not as simple as shaking hands on the deal and forgetting about it.

Once a loan is made, the work does not stop there - behind the scenes, there is a lot of work that lenders do throughout the lifecycle of loans. The below graphic gives a flavour of this.

Lending Iceberg Graphic.png

Today, most lenders use manual tools such as Microsoft Office, and borrowers send a jumble of documents in different formats. Data is not connected or centralised. Workflows are manual, offline & usually very time-consuming.

The consequence of this is that lenders are unable to scale operationally - issuing more loans requires an army of expensive administrative staff, or massive investment in the development of their own tech stack. Both of which are very expensive.

Lenders are also unable to access institutional funding they use to actually make the loans because these institutional funds require top-tier systems and a clear audit trail for data.