Clearpool, a decentralized capital markets ecosystem, has partnered with on-chain credit risk management company Cicada in a move to institutionalize PayFi lending with improved risk management.
In an announcement shared with Cryptonews on Monday, the partnership will boost Clearpool’s credibility and risk management in PayFi lending. Cicada will structure and underwrite PayFi lending opportunities and serve as the administrative agent for select Credit Pools.
Cicada has underwritten more than $850m in loans at a 1.2% default rate during the prior cycle.
Clearpool has partnered with Cicada to institutionalize PayFi lending with risk-managed Credit Pools
Cicada is an on-chain credit risk management company founded by a seasoned team of former buy- and sell-side credit professionals. Cicada’s co-founders have deep crypto… pic.twitter.com/JY79tNCVqE
— Clearpool (@ClearpoolFin) August 11, 2025
Clearpool’s partnership with Cicada could shake up the lending space, bringing more institutional players into the DeFi fold.
Clearpool Expands to Payment Financing or PayFi
According to Jakob Kronbichler, CEO of Clearpool, Cicada’s risk management integration would strengthen Clearpool’s…
