Helio Lending Bolsters Cryptocurrency Lending Platform, Adds Crypto Deposit Business – Yahoo Finance


Company Aims to Be First to Market as CeFi Aggregator

San Francisco, California–(Newsfile Corp. – February 23, 2021) – Helio Lending Pty Ltd., a privately held CeFi Aggregator based in Australia and San Francisco, which has built a unique and propriety platform enabling loans secured by certain cryptocurrencies, is pleased to announce the expansion of its cryptocurrency lending platform to now provide customers a safe and secure way to deposit cryptocurrency assets while earning interest on their deposits. In addition, the Company has expanded its network of partners to include more cryptocurrency loan providers as well as yield generating platforms, becoming the first to market CeFi Aggregator.

Mr. John O’Shea, Founder and CEO commented, “Helio is pleased to announce that since establishing its US operations, the company has accelerated plans to build out its cryptocurrency lending platform. Helio now has access to over $100,000,000 USD funds for cryptocurrency loans and has further expanded its platform to be become positioned as a leading CeFi Aggregator. Centralized finance, called ‘CeFi’ allows people to earn interest or get loans on their cryptocurrency by lending or borrowing through a centralized corporation. Recent industry reports suggest that this market is large, and at the very early stages becoming mainstream with significant growth projections to continue over the next few years.”

Ms. Min Kim, Director of Marketing for Helio commented, “Helio is continuing to invest in marketing and branding to establish its identity as the GO-TO provider of choice,
Source…