Participated · Seed · Aug 2025

Credit Coop's core product is a Secured Line of Credit powered by the Spigot smart contract, which enables businesses to collateralize future revenues as programmatic recourse. The platform provides onchain execution with real-time settlement, automated loan servicing, and transparent credit monitoring. It targets institutional lenders by offering direct access to uncorrelated yield backed by verifiable cash flows while reducing counterparty risk. To date the platform has handled $150 million in total volume with over $8.5 million in active loans. The company plans to use the $4.5 million seed funding to increase engineering and business development headcount and rapidly expand operations. Trusted partners include Rain, Coinflow, Tulipa Capital, Re7 Capital, and Valinor, and Credit Coop is collaborating with Visa on enabling card receivables as programmable collateral.