Compliance

Verified borrowers and Vetted Lenders

Borrower KYC and AML Procedures

All borrowers are required to complete KYC or KYB (Know Your Business) procedures, including a source of funds declaration, as part of our AML compliance process. This helps us ensure that our lending activities remain within legal and ethical boundaries, protecting both our platform and our users.

Lender Wallet Risk Monitoring

For lenders, the process is simplified as they operate within the on-chain DeFi framework. This means they do not need to undergo KYC procedures, allowing for greater flexibility and accessibility in participating in the lending market while our partnership with Webacy ensures the risk score of lender is measured and exposed wallets are not lending on Credible.

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