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New Blockchain-based Lending Platform for Small and Medium Businesses

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New Blockchain-based Lending Platform for Small and Medium Businesses

Post by Vladdirescu on Fri Sep 29, 2017 1:26 am

Wish Finance has announced the launch of its blockchain-based lending platform for small and medium businesses. Wish Finance innovated a new technology for risk scoring and seamless repayments, based on real transactional data and connection to the POS infrastructure. At first ,the company will be providing loans for companies in Singapore and Hong Kong. Wish Finance will conduct a token sale from October 2nd to October 25th to raise funding for scaling up their new platform.

Eugene Green, CEO and Founder of Wish Finance, commented:

“Small businesses play a significant role in the modern economy, as they hire more people, pay more taxes, strengthen their local communities and eventually propel the growth of the economy. However, SMEs consistently report access to capital being one of the most important factors in being successful, as getting unsecured business loans still remains a large issue for them. In fact, SMEs are the most underbanked business category worldwide and Asia Pacific is the region with the least banked SMEs in most of the countries.”

Read the full article: https://coinidol.com/wish-finance-blockchain-lending-platform/


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