# Tare

> Tare is an organization that provides a data platform operating a modern credit marketplace and tokenization infrastructure to support end-to-end lending lifecycles.

- Canonical URL: https://iq.wiki/wiki/tare
- Categories: Organizations
- Tags: DataPlatform
- Created: 2026-09-20T18:08:46.535Z
- Last updated: 2026-09-20T18:08:46.535Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Tare** is a credit marketplace company founded by Kevin Miao, Keerthi Moudgal, and Lucas Vogelsang that builds tokenization-based infrastructure for lending, using [tokenization](https://iq.wiki/wiki/tokenization) to connect loan originators and investors directly.[\[7\]](#cite-id-ni9nhg92yp)​[\[8\]](#cite-id-t2ybvtptlh) The company describes itself as "the modern credit marketplace" and states its mission as "rewiring credit markets" by shortening "the path between capital and opportunity."[\[1\]](#cite-id-pcavqk4xb2) Tare is based in New York, with an additional location in Lisbon, Portugal, and operates in the financial services industry.[\[2\]](#cite-id-5owzikf729) 

## Overview

Tare positions itself around the cost structure of credit, arguing that credit is "a system of promises" with costs "baked into the price of using it," and that opportunity is often limited by whether someone will fund it, on what terms, and whether the promise made in return is worth believing.[[1]](#cite-id-pcavqk4xb2) The company states that it is "dedicated to rebuilding credit as a network that automates those costs toward zero and returning value to the true constituents of credit: the people in pursuit of opportunity," and that it builds "systems that serve people first."[[1]](#cite-id-pcavqk4xb2)

Tare states that its infrastructure is designed to power end-to-end lending lifecycles for the "$4.7 trillion non-mortgage U.S. consumer credit market."[[1]](#cite-id-pcavqk4xb2) According to the company, it has nine years of involvement in [tokenization](https://iq.wiki/wiki/tokenization), and it claims that the technological and operational frameworks it developed support "billions in secure, onchain transactions" today.[[4]](#cite-id-1nuifklm4v) Tare asserts that "the infrastructure has been proven" and frames its current challenge as "bringing this technology to the world" and to institutional markets.[[4]](#cite-id-1nuifklm4v)

## Funding

Tare announced on September 16, 2026 that it had completed a $13.25 million seed financing round, which had closed in March 2026.[\[3\]](#cite-id-vpmounslzc)​[\[8\]](#cite-id-t2ybvtptlh)​[\[7\]](#cite-id-ni9nhg92yp) The round was led by [Blockchain Capital](https://iq.wiki/wiki/blockchain-capital), with participation from Janus Henderson, Strobe Ventures, The Venture Dept, Neoclassic Capital, and the [Avalanche](https://iq.wiki/wiki/avalanche) Foundation, as well as individual backers including [Stani Kulechov](https://iq.wiki/wiki/stani-kulechov), Phil Potter, and [Henri Stern](https://iq.wiki/wiki/henri-stern).[\[8\]](#cite-id-t2ybvtptlh)​[\[7\]](#cite-id-ni9nhg92yp)​

## Platform

Tare operates a product it calls Platform, positioned around the idea that "capital flows along the path of least resistance" and aimed at helping users "raise debt capital and manage investments with simplicity and speed."[\[5\]](#cite-id-scff7tdvzy) The company organizes the product around the framework "One record. Two stakeholders. Three applications."[\[5\]](#cite-id-scff7tdvzy)​

The Platform is built to address what Tare characterizes as the fragmentation of credit markets, in which loan originators and investors are connected through "a chain of siloed actors."[\[5\]](#cite-id-scff7tdvzy) The company states that raising debt financing under this model "can cost millions, require months to close, and impose significant maintenance overhead," and it claims the Platform compresses that process "into a click."[\[5\]](#cite-id-scff7tdvzy) At the center of the design is what Tare describes as a shared, intelligent ledger through which originators and investors "transact directly," a model it summarizes with the phrase "one truth ensures trust."[\[5\]](#cite-id-scff7tdvzy)​

The Platform is said to use modular [smart contracts](https://iq.wiki/wiki/smart-contract) — self-executing programs that run on a [blockchain](https://iq.wiki/wiki/blockchain) — that "execute loan sales, or complex structured financing transactions, with total accuracy and an audit trail," which the company claims "drive your marginal transaction cost to zero."[\[5\]](#cite-id-scff7tdvzy) Tare states that users can either "integrate your systems into Tare's intelligent ledger, or design your loops through Tare's vertically integrated applications for loan originators, servicers, and investors."[\[5\]](#cite-id-scff7tdvzy) The company presents its application suite under the phrases "Trusted data. Automated operations. Agent ready," and markets the product with the claim that users can "feel the impact of [tokenization](https://iq.wiki/wiki/tokenization) without the friction."[\[5\]](#cite-id-scff7tdvzy)​

## Products and Capabilities

Tare organizes its functional capabilities into four named areas covering the lending lifecycle: Fund, Originate, Service, and Analyze.[\[1\]](#cite-id-pcavqk4xb2) Under Fund, the company states it helps users "standardize your tape, refine your story, reach investors the way they want to be reached, and secure new sources of capital" — a "tape" being the standardized data file describing a pool of loans offered to investors.[\[1\]](#cite-id-pcavqk4xb2) Under Originate, Tare states it can "decision applicants, price offers, generate disclosures, and disburse in one flow," covering the process of evaluating and issuing new loans.[\[1\]](#cite-id-pcavqk4xb2) Under Service, the company states it can "accrue interest, collect payments, and manage delinquency and hardship end to end."[\[1\]](#cite-id-pcavqk4xb2) Under Analyze, Tare states it can "analyze, monitor, execute trades, and operationalize decisions to structure whole loan sales, warehouses or securitizations" — the mechanisms by which lenders sell loans, borrow against them, or bundle them into tradable securities.[\[1\]](#cite-id-pcavqk4xb2)​

Co-founder and chief executive Kevin Miao has described the company's ambition as building a "'Doordash' for credit investors," extending [tokenization](https://iq.wiki/wiki/tokenization) across the origination, servicing, and securitization stages of credit.[\[3\]](#cite-id-vpmounslzc)​

### Personal Loans

Tare offers consumer personal loans that provide a lump sum of money upfront, repaid in fixed monthly installments over a set period.[\[6\]](#cite-id-ai9yuf838s) The interest rate is fixed, so the scheduled monthly principal-and-interest payment stays the same throughout the life of the loan.[\[6\]](#cite-id-ai9yuf838s) The company lists uses such as consolidating a credit card, covering a repair, funding a move, or handling a medical bill, with the borrower deciding how to use the funds.[\[6\]](#cite-id-ai9yuf838s)​

Tare states it charges three fees and nothing else: an origination fee taken from the loan amount at funding, a late fee if a payment is missed, and a non-sufficient funds (NSF) fee if a payment is returned.[\[6\]](#cite-id-ai9yuf838s) The company states there is no prepayment fee, no application fee, and no servicing fee.[\[6\]](#cite-id-ai9yuf838s) It defines the [annual percentage rate (APR)](https://iq.wiki/wiki/annual-percentage-rate-apr) as including the interest rate plus the origination fee, and states that the APR is the better number for comparing loans, while the term is defined as the length of time to repay.[\[6\]](#cite-id-ai9yuf838s)​

Applicants can check their rate through a soft credit check, which does not affect a credit score; a full credit check occurs only after an offer is accepted.[\[6\]](#cite-id-ai9yuf838s) Applicants connect a bank account so that income can be verified and funds can be sent, with the third-party service Plaid handling the bank login and connection process.[\[6\]](#cite-id-ai9yuf838s)​

## People

Tare describes its team as having "multi-disciplinary expertise across loan origination, servicing operations, capital markets, and the legal and regulatory frameworks that bind it all together," and states that changing how institutional markets transact requires being "more than technologists."[\[4\]](#cite-id-1nuifklm4v) The company was founded by three co-founders:

* **Kevin Miao**, Co-Founder and CEO, began his career at Citigroup, "first whipping around subprime mortgages and ultimately managing trading desks with mandates across asset-backed finance."[\[4\]](#cite-id-1nuifklm4v)
* **Lucas Vogelsang**, Co-Founder and CTO, is described as having grown up "a precocious young coder in Zurich, organizing coding meetups throughout his childhood and eventually undertaking his pilgrimage to Silicon Valley after High School."[\[4\]](#cite-id-1nuifklm4v)
* **Keerthi Moudgal**, Co-Founder and COO, started her career in Securities Services at J.P. Morgan, "settling trillions of dollars worth of trades through systems built in the 70s."[\[4\]](#cite-id-1nuifklm4v)

The wider team includes Jason Kremer in Credit and Analytics, Raphael Roullet as Founding Engineer, Alina Sinelnikova as [Smart Contract](https://iq.wiki/wiki/smart-contract) Engineer, and Artem Kolodko and Juan Calero as Full Stack Engineers.[\[4\]](#cite-id-1nuifklm4v)​[\[1\]](#cite-id-pcavqk4xb2)​

## Developments

In September 2026, coinciding with its seed-round announcement, Kevin Miao appeared live on the broadcaster account The Rollup to discuss Tare's mission and its approach to [tokenization](https://iq.wiki/wiki/tokenization) across origination, servicing, and securitization.[\[3\]](#cite-id-vpmounslzc) The company's X account was created in September 2026, the same month as the funding announcement.[\[3\]](#cite-id-vpmounslzc)​