Divine
Divine is a fintech founded in 2024 that runs Credit, a blockchain-based, unsecured lending system issuing stablecoin loans without collateral or credit history to borrowers in Argentina and beyond.
Divine, also known as Divine Research, is a fintech company founded in 2024 that builds credit products for people outside the conventional financial system. Its main product, Credit, is an undercollateralized and unsecured lending system built on blockchain technology and denominated in stablecoins. It issues loans without requiring a credit history, collateral, or centralised identity verification. Borrowers begin with small amounts and can grow to loans of up to $1,000 as they build a record through a progressive trust-building mechanism.
Since the product launched in December 2024, the company says it has issued hundreds of thousands of loans to more than 500,000 unique borrowers, with default rates approaching zero. Loans are requested and received in seconds through a borrower-facing interface integrated into the World MiniApp. On the other side of the market, liquidity providers can supply capital to the lending system via a platform called credit.cash. The company targets a global credit access gap of 1.4 billion people who lack access to credit, with funds commonly used for groceries, medicine, and transportation.
The engineering work spans several domains: blockchain technology, stablecoins, algorithmic credit underwriting, real-time algorithmic interest-rate setting, programmatic fund allocation, progressive trust-building mechanisms, and decentralised identity. Divine raised $6.6m in a seed round. It operates in Argentina and multiple other countries, and borrowers in Argentina have nicknamed the service la salvación del mes.