Atlendis

Atlending offers a DeFi lending platform that enables institutional clients to borrow and earn interest from lending. Its primary product, “Atlendis Flow,” allows for direct crypto-to-fiat transactions and provides full transparency for lenders to specify their terms and interest rates. Users can access all the information displayed about the liquidity pools and borrowers such as the status of the pools, the assets, the borrower scores, and borrower details. Furthermore, the platform supports a range of use cases including “buy now, pay later,” trade finance, revenue-based financing, and cash advances.

In July 2023, the company obtained a Digital Asset Service Providers (PSAN) license for French crypto service providers. This enables the platform to target non-crypto institutional clients and create wallets for borrowers to exit or enter directly from their bank account.

Key customers and partnerships

As of July 2023, the platform had around USD 800,000 in total locked value and served a number of companies including FinTechs Karmen and Fluna.

Funding and financials

In June 2023, Atlendis secured EUR 1 million (USD 1.1 million) in debt funding from the French public investment bank BPI to grow the “Atlendis Flow” product.