{"id":652568,"date":"2026-09-03T11:52:42","date_gmt":"2026-09-03T11:52:42","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/09\/03\/pencil-finance-completes-1m-onchain-lending-cycle-for-6-6k-students-in-southeast-asia\/"},"modified":"2026-09-03T11:52:42","modified_gmt":"2026-09-03T11:52:42","slug":"pencil-finance-completes-1m-onchain-lending-cycle-for-6-6k-students-in-southeast-asia","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/09\/03\/pencil-finance-completes-1m-onchain-lending-cycle-for-6-6k-students-in-southeast-asia\/","title":{"rendered":"Pencil Finance completes $1M onchain lending cycle for 6.6K students in Southeast Asia"},"content":{"rendered":"

\"Pencil<\/p>\n

Pencil Finance said that its first-of-a-kind loan offered financing to 6,600 students in Southeast Asia who were underserved by traditional lenders.<\/p>\n

Student loan real-world asset (RWA) protocol Pencil Finance completed a $1 million onchain student loan cycle, offering financing to thousands of students in Southeast Asia who were underserved by traditional lenders.<\/p>\n

Pencil said it completed its first fully onchain student loan cycle on the blockchain, where the platform deployed $1 million in capital as a lender that was repaid by borrowers to the bundle\u2019s funders with yield, the company revealed in a Thursday announcement shared with Cointelegraph.<\/p>\n

The bundle was funded in July 2025 by Animoca Brands, Open Campus and New Campus, structured as a senior tranche with fixed returns and a junior tranche with variable returns and first-loss risk.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Pencil Finance said that its first-of-a-kind loan offered financing to 6,600 students in Southeast Asia who were underserved by traditional lenders. Student loan real-world asset (RWA) protocol Pencil Finance completed a $1 million onchain student loan cycle, offering financing to thousands of students in Southeast Asia who were underserved by traditional lenders. Pencil said it […]<\/p>\n","protected":false},"author":1,"featured_media":652569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-652568","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/652568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=652568"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/652568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/652569"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=652568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=652568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=652568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}