Lending
As the Duke of Florence and an ex-banker myself I feel it my duty to write a piece where I delve into non-bank SME lending and explore the scale of the SME funding gap and how at Florence Finance we are striving to address this issue. Buckle up anon. Small
announcement
Just over a year ago I seed-funded Florence.Finance with five other founders that believed in the idea of building a crypto-funded, Euro-denominated, SME lending business initially envisaged as a "safe haven" to weather the crypto winter. Since then we have raised more than 3 million USDC through
In a recent article "Number Three" Arthur Hayes eloquently describes the rise and fall of crypto lending and that, to date, credit was utilized to either lever speculative trading or finance assets through asset-backed loans (mostly to miners) within the crypto market. He goes on to say "
At Florence Finance we are excited to announce we have partnered with award-winning Dutch blockchain, LTO Network to use their Proofi software and Decentralized Identities tech to usher in a second coming of the decentralized financial revolution. LTO Network is an award-winning hybrid blockchain that can be used to secure,
Dear community. Welcome to our third community update. It has been a while since the first two updates and quite a few things have happened. In a nut shell we have made huge progress on all fronts since the MVP and are now launching the actual protocol on Ethereum mainnet
Community update
Dear community, Welcome to our second community update. It has been a while since the first issue and quite a few things have progressed. In a nut shell we managed to incorporate, finish up our MVP which we are looking to launch soon. Legal We achieved a major milestone last
Dear community, Thank you for taking interest in our project at such an early stage. This is the first issue of our weekly community update. The goal is to keep you informed about our progress and upcoming opportunities. Development Our main focus at this early stage in the project lies
The cryptocurrency and DeFi space are growing at an impressive rate. Solutions like MakerDAO, Compound, or AAVE have proven that lending can be facilitated without the need for a trusted middleman. One thing the major DeFi lending platforms have in common is that they require their loans to be at