Compliance

Verified borrower and vetted lender.

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 ensure that our lending activities remain legal and ethical, protecting our platform and users from potential risks.

Lender Wallet Monitoring

For lenders, the process is simplified as they operate within the on-chain DeFi framework. While no KYC is required, all lenders' wallets are subject to verification for illegal activity and other risk exposures using Webacy. If a wallet is flagged as high risk, the lender will not be allowed to participate in lending on Credible, thus enhancing the overall security of the platform.