Union
Microloans
Trust-powered lending: Borderless credit without barriers.
Founders
Michael Beck (Founder & Project Lead)
Karel Kubat (Founder & CEO)
Launch Date
2019
Key Investors
About
Union is an open-source protocol revolutionizing credit access through blockchain technology. It enables peer-to-peer lending without collateral, credit scores, or middlemen—just trust-based vouching. Users build personal credit lines through endorsements from trusted contacts, stake stablecoins to earn UNION tokens, and borrow permissionlessly worldwide. The democratically governed platform empowers individuals, businesses, and even smart contracts to participate in a fairer credit system, transforming idle capital into productive funding for what truly matters.
526
members building credit onchain
2
protocol versions on Optimism
Use Cases
- Personal Credit Lines - Use vouches from contacts for on-chain credit access.
- Underwriting - Lend to trusted contacts and earn when they borrow.
- Small Business Loans - Lower capital costs via peer-to-peer lending.
- NFT-Backed Loans - Enable lending using NFT holdings as collateral.
On-Chain Credit Innovation
- Union Finance is a DeFi credit protocol enabling on-chain credit without collateral
- It allows peer-to-peer credit access
- It operates on Ethereum, Base, and Optimism
- It uses a programmable credit system
- It enables users to build personal on-chain credit lines with vouches from trusted contacts
Decentralized Finance Accessibility
- Union Finance aims to democratize access to credit
- It provides access to credit with just an Ethereum address
- It allows permissionless depositing and withdrawing of stablecoins
- It enables users to underwrite who they trust and earn when they borrow
- It is designed for personal, business, and developer use
Trusted by
