Current state of Goldfinch, 2022 summary and concerns:
- Goldfinch grew outstanding loans by 162% YoY, without any loan defaults since its inception.
- Utilization remained very strong in H2 2022 due to high borrower appetite and low supplier appetite.
- McKinsey reports that private debt is the only private asset category to have seen a yearly increase in fundraising over the past decade. With this information, Goldfinch stands to potentially benefit from the continued growth of private debt assets in the coming year.
Concerns:
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lack of clarifications about potential SEC and regulatory risks especially as Goldfinch operates in a bunch of countries(picture below, source - Messari)
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onboarding next users, as Goldfinch still hasnt succeed with user-friendly/simple community management and it led to a huge drop of community support and activity after their Ambassador program(read multiaccs were farming free tokens at the end of 2021). Show Less
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