UTU and DefiCliq Partner to Improve Creditworthiness for Under-Collateralized Loans
DefiCliq will integrate UTU’s creditworthiness API to improve credit checks and loan monitoring for under-collateralized loans.
Hello UTU Trust Guardians!
We are excited to announce that we’ve partnered with DefiCliq to support the mission to democratize the lending space. DefiCliq will integrate UTU’s trust infrastructure to allow borrowers who would otherwise be underserved to access loans with lower collateral amounts.
DefiCliq provides collateralized and uncollateralized loans in both peer-to-peer (p2p) and traditional ways. With a mission to democratize the lending market, DefiCliq is exploring features like DAO (off-chain governance), staking, and interoperability on Polkadot. It is the first company to do this in the lending space.