Tare raises $13.25 million to put private-credit operations on Avalanche

  • Tare raised $13.25 million to build credit-market infrastructure on Avalanche.
  • Blockchain Capital led the seed round with Janus Henderson, Apollo Global Management and other investors.
  • Tare Credit LLC will begin originating unsecured personal loans to U.S. borrowers this month.

Tare has raised $13.25 million in seed financing to build a unified, on-chain system for originating, servicing and financing credit assets on Avalanche. Blockchain Capital led the round, with participation from Strobe Ventures, Janus Henderson, Apollo Global Management, The Venture Dept, Neoclassic Capital and the Avalanche Foundation, alongside several individual investors. The platform connects lenders and investors through a shared, auditable smart ledger and modular smart contracts, combining loan origination, management and an investor hub around standardized data across the credit lifecycle. Tare Credit LLC, its licensed consumer-lending subsidiary, will begin originating unsecured personal loans to U.S. borrowers this month. The funding will support product development, hiring and expansion to more lenders and institutional investors.

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