
RociFi has developed a protocol that leverages on-chain data, machine learning and decentralized identity data to facilitate undercollateralized loans via the blockchain. Its scoring process will identify a borrower’s trustworthiness based on their digital identity and allow lenders to lend their money according to their credit risk scores.

RociFi has developed a protocol that leverages on-chain data, machine learning and decentralized identity data to facilitate undercollateralized loans via the blockchain. Its scoring process will identify a borrower’s trustworthiness based on their digital identity and allow lenders to lend their money according to their credit risk scores.
What they do: On-chain credit scoring (NFCS) and capital-efficient, undercollateralized lending for Web3 users
Headquarters: Pittsburgh, United States
Employees: 3
Total funding: USD 2,700,000
Notable backer: Mastercard Start Path (non-equity assistance, Apr 28, 2023)
Under-collateralized lending and credit assessment for blockchain-native users
Decentralized finance (DeFi)
Listed as a non-equity assistance entry on Apr 28, 2023
“Backed by multiple investors (Crunchbase lists six), includes Mastercard Start Path and Skynet Trading”