How are loan requests matched?
SmartCredit.io matches borrowers loan requests with lenders fixed income funds.
There are three components in the system:
- SmartCredit.io is a matching engine, which matches borrowers’ loan requests with lenders’ fixed-income funds.
The matching engine is run centrally (in the future, decentrally). The matching engine cannot access client assets, but can only trigger the matching of the borrowers’ credit lines and the lenders’ fixed-income funds.
Borrowers, Leners and Matching Engine
The interest payments accumulate into the FIF's, which are then continuously matched with the new loan requests.