Tare Raises $13.25 Million to Build an End-to-End Exchange for Private Credit

Tare Raises $13.25 Million to Build an End-to-End Exchange for Private Credit

BlockTower, Centrifuge, and J.P. Morgan executives raise from Blockchain Capital, Janus Henderson, and Apollo to transform the process of loan creation and distribution

Exclusive: Tare raises $13 million from Blockchain Capital to manage private credit transactions on the blockchain

Today’s private credit market is fragmented. Nonbank lenders often depend on several providers to make and manage loans, keep records, distribute payments, and ensure transactions are accurate. Because those providers all rely on different internal systems, the process can be slow and costly. That’s why a Brooklyn-based fintech company called Tare is pledging to simplify the process by using blockchain technology to bring those functions onto a …

Tare raises more than $13M to streamline private credit transactions on Avalanche

Tare's integration of blockchain in private credit could streamline operations, reduce costs, and enhance transparency in financial markets.