There is an interesting correlation between cryptocurrencies and lending. Various companies have come and gone in this regard, some more legitimate than others. The following four companies providing true cryptocurrency lending services are ranked in terms of overall market dominance. Each company offers its own advantages and potential drawbacks, which makes them all worth keeping tabs on.
It has to be said, Kiva is a very different company when it comes to cryptocurrency-backed loans. More specifically, this company lets cryptocurrency users extend loans to those in need, primarily people suffering from the lack of access to financial services. The company boasts a 96.9% repayment rate, which is a very high number in terms of cryptocurrency-related loans. These loans are usually extended to fund agriculture, education, art ventures, among other things.