Teller
Curated by SignalConsumer asset-backed lending platform minimizing liquidity risk through innovation.
Overview
Teller operates a consumer asset-backed lending platform that enables users to use personal assets, such as vehicles and real estate, as collateral for loans. The platform employs AI and machine learning technologies to assess asset values and borrower creditworthiness, which aids in expediting loan approvals. Teller's commercial model includes lending and borrowing against ENS names, NFTs, and ERC20 tokens, and features an oracle-less protocol designed to reduce liquidity risks through time-based liquidations. The platform targets individuals seeking secured financing and aims to address issues related to early liquidations and liquidity risk, while also offering insurance coverage and rewards for active users. Additionally, Teller provides an API that facilitates decentralized lending markets for unsecured loans, which may enhance accessibility and participation in the lending ecosystem.
Key facts
- Founded
- 2020
- Headquarters
- San Francisco, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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Contact
- Primary office
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