TechFlow news — According to TechCrunch, Spectral, a Web3 credit risk assessment infrastructure provider, has raised $23 million in funding led by General Catalyst and Social Capital, with participation from Samsung, Gradient Ventures, Section 32, Franklin Templeton, Circle Ventures, Jump Capital, and others. To date, the company has raised approximately $30 million.
Spectral has developed an on-chain scoring system equivalent to the traditional FICO score, known as the Multi-Asset Credit Risk Oracle (MACRO) score, allowing users to check their on-chain credit ratings via its platform. The new funding will be used to build out its credit scoring network and scale operations gradually.Source link
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