Credix Finance

Credix Finance is a Solana-native private credit marketplace that connects institutional investors with vetted fintech loan originators in emerging markets -- primarily Brazil and Colombia -- enabling USDC-denominated on-chain lending against tokenized real-world receivables.

How the Protocol Works

Credix addresses a structural gap in emerging market finance: non-bank fintechs that originate high-quality loans lack the balance sheet capacity to fund their own pipelines. Credix bridges that gap by bringing their loan portfolios on-chain.

The process begins with a fintech presenting a deal to Credix. After underwriting and KYC/AML vetting, the deal is structured into a credit pool deployed on Solana. Institutional investors -- hedge funds, family offices, asset managers, and accredited high-net-worth individuals -- contribute USDC liquidity to the pool. Once funded, the fintech receives USDC, converts it to local currency, and disburses loans to end borrowers (SMEs, farmers, consumers). As loans are repaid, investors receive USDC distributions on a revolving basis. Smart contracts on Solana automate repayment scheduling and interest distribution, replacing traditional settlement intermediaries.

Each pool is structured with two tranches to accommodate different risk-return preferences:

• Junior tranche: absorbs first losses; historically offers 12-18% APY in USDC
• Senior tranche: receives priority repayment; carries lower yield with additional downside protections including reserve funds and over-collateralization requirements

Pool protections also include multi-signature security controls, automated withdrawal triggers that activate on underperformance, and borrower-level hedging for currency exposure.

Key Products and Features

Private Credit Marketplace: The flagship offering pairs institutional capital with fintech loan originators across Latin America. Brazilian fintech partners have included Tecredi (auto loans), A55, Divibank, and Adiante. Collectively, these partnerships have channeled over $25 million in loans to SMEs and individuals in Brazil.

Fully Insured Receivables Pools: In July 2023, Credix launched what it described as the first fully insured USDC receivables pool in DeFi. Structured with Colombian fintech Clave and its affiliate Liquitech, the pool finances Colombian farmers through a bankruptcy-remote master trust. Credit risk is fully insured by CESCE Colombia -- a subsidiary of the Spanish Export Credit Agency backed by Munich Re. The structure offers accredited investors double-digit USD returns with 45-day revolving liquidity windows. Clave uses AI-informed credit scoring for underwriting and hedges currency exposures to mitigate forex risk. Early pool investors included the Solana Foundation and digital asset market maker Keyrock.

CrediPay: Credix later developed CrediPay, a B2B Buy Now Pay Later (BNPL) product for the Brazilian market. CrediPay allows Brazilian companies -- particularly distributors, manufacturers, and B2B e-commerce businesses -- to offer installment payment terms to their business buyers while receiving immediate payment themselves. The product is delivered via an API platform (with V1 and V2 active as of mid-2026), enabling direct integration into sellers' order management workflows. A partnership with SuperOpa illustrated the use case: the Brazilian food distributor used CrediPay to offer flexible installment payments to clients, increasing sales and reducing food waste.

Supported Tokens and Assets

USDC is the primary settlement currency across all pools. Investor positions are represented as Credix LP tokens. Underlying collateral encompasses trade receivables, revenue-sharing agreements, asset-backed loans, and tokenized loan portfolios -- off-chain assets brought on-chain through Credix's deal structuring.

Security and Risk Management

Credix's pool architecture layers multiple protections: over-collateralization, reserve funds, multi-sig controls, and automated triggers that activate on underperformance. The Colombian farmer pool added external credit insurance through an export credit agency. All borrowers undergo permissioned onboarding with KYC/AML verification before any deal launches on the platform.

Team and Funding History

Credix was founded in October 2021 and is headquartered in Antwerp, Belgium. The founding team includes Thomas Bohner (CEO), Maxim Piessen (CTO), and Chaim Finizola (Chief Growth Officer). The company had 48 employees as of mid-2026.

The company has raised approximately $79.8 million across four rounds:

• Seed (December 2021): $2.5M
• Series A (September 2022): $11.25M, led by Motive Partners, with participation from ParaFi, Valor Capital Group, Patria Investments, and the Solana Foundation
• Series B (November 2023): $9.7M
• Series B extension (November 2025): Undisclosed

Institutional backers include ParaFi, Patria Investments, Motive Partners, and Valor Capital Group. Credix has also made strategic investments, including in Credmei (a Brazilian fintech) and AlloyX (a DeFi credit aggregator).

Fit Within the Solana Ecosystem

Credix is one of the most prominent real-world asset platforms on Solana and is regularly cited alongside Apollo ACRED and Maple Finance as foundational private credit infrastructure on the network. The protocol's choice of Solana was deliberate: millisecond settlement and low transaction fees suit the frequent interest payments, pool rebalancing, and high-throughput capital market operations that institutional credit demands. Solana's state-logic separation also allows Credix to replicate deal structures efficiently across multiple accounts.

The Solana Foundation's participation as both an investor and inaugural pool participant underscores the alignment between Credix and the broader Solana RWA ecosystem buildout.

In March 2025, Credix announced a R$300 million FIDC (Fundo de Investimento em Direitos Creditorios) -- a regulated Brazilian credit investment fund structure -- to expand small business lending, reflecting the company's deepening integration with traditional Brazilian capital markets alongside its on-chain marketplace. The protocol's program address on Solana mainnet is CRDx2YkdtYtGZXGHZ59wNv1EwKHQndnRc1gT4p8i2vPX.