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Maple Finance Steps In with Direct Lending After BlockFi, Celsius Exit

Maple Finance Steps In with Direct Lending After BlockFi, Celsius Exit

Maple Finance is a lending platform for Web3 businesses. 

It is launching a new program to directly give loans to borrowers. In the past, they relied on others to provide money for the loans. But now, they will be the ones giving the loans themselves. This is happening because other lenders have gone out of business. Maple Finance will use its knowledge to decide who can get a loan. They will start by focusing on areas like infrastructure and asset management. This will help borrowers who can't get loans from other places. It's a helpful solution for both borrowers and investors.


By: Aditi Tiwari
29-Jun-2023

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