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IPFS News Link • Business/ Commerce

Libra Credit is a decentralized lending ecosystem


Libra Credit is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. Libra was founded by former PayPal technical and financial experts, Libra Credit is a leader in the lending industry, specializing in blockchain technology. Using a suite of decentralized lending smart contracts, Libra Credit allows its borrowers to choose from two forms of lending denominations: stable cryptocurrency or fiat money. Libra Credit is set to revolutionize the lending industry by merging an established global lending network, a diverse team of entrepreneurial leaders, and the power of blockchain technology.

Recent Developments

Early Ripple and Coinbase Investor Greg Kidd Joins Libra Credit as Advisor. Greg Kidd is the CEO of globaliD and the co-founder of Hard Yaka, a principal investment firm based in San Francisco, California. He has served as an advisor and investor for numerous startups in the exchange space including Shift, Ripple and 3taps, and previously Square and Twitter. Formerly, Kidd was a director at Promontory Financial and a senior analyst for payments at The Board of Governor of the Federal Reserve, as well as a Senior Associate at Booz Allen.

Greg took his first company public almost twenty years ago on the Nasdaq, and has subsequently invested in 60+ firms in the payments, identity, and marketplace sectors. He specializes in portable identity, digital currencies and exchange markets for goods, services, and information with functional emphasis on messaging, payments, and reputation/trust/risk. His expertise in portable identity, digital currencies, and exchange markets is a valuable addition to our advisory team.

Libra Credit has received over $16 million in funding.