Othera, a pioneer in blockchain software for the origination of loans and sale of digital assets, announced today that it has signed to its platform, NEOS, a leading innovator in direct lending.
“Unlike other providers, we have engineered our platform to be highly customisable so we can meet the specific needs of our clients and their existing workflows. We don’t expect our clients to change their business processes to meet a hard coded and inflexible platform, that is a legacy way of thinking and has no place in today’s technology environment.”
John Pellew, CEO at Othera said, “As their global lending technology partner, we are committed to helping NEOS to scale their lending business across Netherlands and Germany. NEOS have already proved themselves to be an innovative and dynamic lender, and by increasing liquidity and transparency across their loan lifecycle, we are confident that they will see a marked increase in efficiency and profitability.”
“From borrower onboarding through to the creation and sale of digital assets; the entire process will be completed much quicker when compared with traditional loan underwriting processes and we will be in a position to become ever more sophisticated in delivering an attractive investment universe to market.”
Othera is leading the way in the origination and digitisation of loans, and the creation and sale structured digital assets. Application of Othera’s blockchain and smart contract technology reduces costs and risk for both lenders and investors by increasing asset transparency and liquidity, and reducing transactional friction and fees. Othera’s re-imagination of end-to-end loan lifecycle management is delivering innovative solutions to meet the needs of lenders, investors, asset managers and funders. More information is available at www.othera.io
Since its foundation in 2012, NEOS has proven to be an innovative financing partner to many companies over the last few years. NEOS has empowered over 130 businesses, and we happily saw them standing out and achieving their goals. We believe in winners in every sector, and whether driving innovation, growth, acquisitions or mergers, we have the right solution tailored to your needs. Our team consists of a seasoned group of driven professionals with a wide variety of backgrounds. NEOS is well positioned to become a force in the transforming business loan industry working closely with its vastly expanding European sourcing network.