Maxim Piessen on How Credix is Building a Decentralized Credit Marketplace

Maxim Piessen is the chief technology at Credix, a decentralized credit marketplace that is one of the most intriguing crypto startups to emerge out of Brazil recently and one of just a handful of companies out there that are connecting decentralized finance with real-world assets. Credix is a Solana-based marketplace that connects institutional investors with fintechs and non-bank loan originators in Latam markets, who are themselves providing loans to small businesses and local borrowers. Since launching in January, the platform now has 25 investors and 10 fintechs participating, 20 employees and more than US$25 million in total credit issued - with a goal of $100 million by the end of 2022. Since forming last November, the team recently raised R$50 million (US$11.25 million) in a Series A round announced earlier this month. The round was led by Motive Partners and ParaFi Capital, with Valor Capital, Fuse Capital, Circle Ventures and several others contributing. Please note: we recorded this episode before the round was formally announced. I highly encourage you to learn more about this project at credix.finance. Please follow and subscribe to Brazil Crypto Report on Substack for more news, analysis and interviews examining the Brazil crypto ecosystem.