Salt Blockchain Inc.
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Salt Blockchain Inc. - overview
Established
2016
Location
South Denver, CO, US
Primary Industry
Financial Services
About
Based in Colorado, US, and founded in 2016, Salt Blockchain Inc. formerly known as Salt Lending Holdings, Inc. operates as a blockchain-backed loans where borrowers put up cryptocurrency as collateral. In February 2023, Salt Blockchain Inc.
raised USD 64. 4 million in series A funding. As of February 2023, the company is led by its CEO Shawn Owen. Salt Blockchain Inc.
provides a application available on iOS and Androi devices that offers business loans, and personal loans in exchange of crypto. The company's platform view key account information, manage account preferences, monitor loan-to-value ratio, see balances, holdings and account activity, loan and transaction monitoring, receive transaction notifications, and monitor and manage loan-to-value (LTV) ratio and loan collateral details on-the-go. The company accepts Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), USD Coin (USDC), TrueUSD (TUSD), Pax Gold (PAXG), and Paxos (PAX) as collateral. The company plans to use the series A funding to expand its product line and accelerate its growth strategy.
Primary Industry
Financial Services
Sub Industries
Consumer Finance, Web Applications, Accounting/Finance Software
Website
www.saltlending.com
Verticals
Blockchain, Cloud Computing, FinTech, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
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