London-based FinTech firm Finastra has signed three global banks on its blockchain platform for syndicated loans.
Finastra’s blockchain platform, called Fusion LenderComm, was developed in close collaboration with some of the world’s top global banks, including BNP Paribas, BNY Mellon, HSBC,
Brazilian bank Itaú Unibanco has partnered with British bank Standard Chartered to develop a blockchain platform for small syndicated loans.
In a joint statement, the banks claim that the blockchain platform is the first to go live in Latin America for so-called club loans,
London-based FinTech firm Finastra has announced that its blockchain platform for syndicated loans is now commercially available as an app on R3’s Corda platform.
The solution, called Fusion LenderComm, was developed in close collaboration with some of the world’s top global banks,
