Pencil Finance completes the first $1 million full-chain lending cycle

Private Finance announced the completion of its first $1 million full-chain loan lending cycle. The funds, which were funded by Animoca Brands, Open Campus and New Campus in July 2025, were divided into a fixed-income, senior slot (senior tranche) and a floating-receiving sub-prime (junior tranche) borrower, who bore the priority risk of loss recovery, had reimbursed the principal and the proceeds in full to the contributor. The cycle financed about 6,600 students with inadequate traditional financial services in 118 institutions in South-East Asia, of whom approximately 1,050 received direct funding, 50 per cent of borrowers were women and 93 per cent came from low-income families。