Institutional credit infrastructure provider Credora has raised $6 million in a strategic funding round from investors including S&P Global and Coinbase Ventures. Other participants in the round include Spartan, Amber Group, CMT Digital, Hashkey, GSR, KuCoin Ventures, liquidity provider Paradigm.co, Pirata Capital, Breed VC and WAGMI Ventures. The round brings Credora’s total funding to a whopping $16 million. The funding will help build technology and support Credora's proprietary computing technology used to underwrite and monitor borrowers. The startup provides technology infrastructure for centralized and decentralized institutional credit.

Credora was founded in 2019 and provides loan infrastructure and credit rating systems tailored for the private credit market. The company said its privacy-preserving technology enables lenders to make informed real-time decisions without disclosing borrower information. (CoinDesk) #bitcoin #zkSnyc