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Introducing Rivet: Crypto-Secured Credit for Latam

Colombia
BTC

Starting in Q3, Rivet Finance will offer a stablecoin denominated, BTC collateralized, Line of Credit (LOC) designed to provide "real world" utility to ordinary consumers.

About our product:

  • A fixed credit line from 50 to 2,000 USDT, with LTV up to 80% at opening.
  • High approval rates regardless of credit history and interest rates as low as 1.5% per month (comparable to US credit cards).
  • Collateral is securely stored and returned when the account is closed with zero balance.

We continue to make progress towards our Q3 2025 rollout date:

  • UX and functional specifications completed for proprietary end-to-end lending, custody, and disbursement platform.
  • Our website (rivet.fi) is live and an explainer video is under development. We appreciate any feedback you can provide (here).
  • Our next update will be in July 2025 with additional news and offerings, including zero interest VIP accounts for prospective partners, investors, and influencers.

We are self-funding! Our goal is to onboard 1,000 borrowers by the end of 2025.

Launch Plan

If your firm offers crypto related services in Latam, we'd love to chat! Feel free to contact us here.

Our value proposition to you:

  • Increased customer activity and retention: Loan proceeds go to the customer's accounts on your platform, increasing your core business revenues.
  • Flexible integration: No-lift referral agreement or light-lift shared escrow vault for BTC custodians. Deeper integrations will be possible and are on our future roadmap.
  • Meaningful revenue share: We remit a share of paid interest to you over the borrower's entire lifetime.

About Us

More important than who we are is our Brand Promise (here) and What We Believe (here).

That said, we have already met most of you! Rivet was founded by Kevin Walsh and Peter Mallik.

We have collectively spent significant time in lending, crypto, Latin America, and capital markets, and we are convinced there is a better consumer credit solution for the developing world.

We are looking forward to having you with us on this journey. Stay in touch, speak soon!