August 12th, 2020 - SelfKey, the leading identity management platform, will partner with Proformance Loans, a crypto lending platform with over 100 years of combined experience in the financial industry.
Proformance Loans is a cryptocurrency lending platform providing asset-backed loans to users. Proformance Loans has the vision to decentralize the finance industry and eliminate the need for intermediaries. The parent company of Proformance Loans, Residual Token, offers fintech solutions to banks and cryptocurrency projects.
Proformance Loans will be part of the Selkey cryptocurrency loans marketplace, where Selfkey users can use cryptocurrencies as collateral to access fiat loans. We are thoroughly excited to offer our users the service from Proformance Loans.
Announcing the partnership, Mark McGinn, Head of partnerships at SelfKey, said "We are thrilled to feature Proformance Loans, another US-based lending platform, to the DeFi and Crypto loan marketplace, improving choice for SelfKey wallet users to directly compare different DeFi options side by side."
SelfKey is a leading identity management system that aims to return ownership over personal data back to the individual. To achieve this, SelfKey has an identity ecosystem comprising the SelfKey Wallet, the Marketplace, Login with SelfKey and the KEY token.
Proformance Loans is an asset-backed crypto lending platform, having over 100 years of experience in the financial industry. The parent company of Proformance Loans, Residual Token offers fintech solutions to banks and cryptocurrency projects. Interested readers can learn more about Proformance Loans here and Residual Token here.