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Lending Platform for Small & Medium Business – Wish Finance

Published 2 years ago by writer

Wish Finance has announced the launch of its blockchain-based lending platform for small and medium businesses. Wish Finance innovated a new technology for risk scoring and seamless repayments, based on real transactional data and connection to the POS infrastructure.

Wish Finance will conduct a token sale from October 2nd to October 25th to raise funding for scaling up their new platform. Wish Finance is offering merchant cash advances and business loans with fair interest rates based on the company’s real cash flow, not assets.

To provide greater security and transparency, Wish Finance combined P2P lending and connection to the POS with the blockchain. During private beta-testing, Wish Finance conducted lending for a group of 1000 small companies.

Wish Finance is planning to conduct an ICO starting from October 2nd-25th, 2017 and issue WISH tokens. WISH tokens executed by Ethereum could be at any time converted to equity of Wish Finance company registered in Singapore.

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