join crypto fever if you haven’t already
Crypto currency is a form of digital money that is designed to be secure and, in many cases, anonymous. It is a currency associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers.
Cryptography was born out of the need for secure communication in the Second World War. It has evolved in the digital era with elements of mathematical theory and computer science to become a way to secure communications, information and money online. The first crypto currency was Bitcoin, which was created in 2009 and is still the best known. There has been a proliferation of cryptocurrencies in the past decade and there are now more than 1,000 available.
We are proud to be the first financial services company to be able to take your crypto currency as full security against a secured loan. This applies to both personal and company ownership of said crypto currency.
Lendo Cryptobank has signed a partnership with GMF to pilot a service that will revolutionise the personal loans market. Using Lendo’s state-of-the art blockchain technology, GMF will be able to provide borrowers with loans in fiat currency against crypto assets as collateral. Lendo Cryptobank is also offering a range of additional products including crypto credit cards, multi-currency digital wallets, IBAN accounts, a crypto exchange and more.