Cordada

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About Cordada:

Cordada is a private debt platform that caters to lenders and fintechs serving SMEs in Latin America. Currently operating in Chile, Peru and Mexico, Cordada will use Vault Core to expand its services into new Latin American markets.

Project overview:

  • Cordada chose Vault Core to support its customer base with a comprehensive suite of lending solutions based on dynamic and personalised credits secured with portfolio collateral. 
  • Cordada will use Vault Core’s Product Library — a collection of pre-built smart contracts with robust configuration capabilities — to meet Cordada’s product requirements.
  • Cordada is building highly personalized and localized products for its customer base while supporting multi-currency assets. Currently operating in Chile, Peru and Mexico, Cordada will use Vault Core to expand its services into new Latin American markets.

Deployment approach:

  • Coexistence: migrating existing products and services onto Vault Core and developing new financial products