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Bitcoin payment app Strike enters crypto lending business
2025-05-06 20:13

Odaily News Strike, the Bitcoin lightning payment app founded by Jack Mallers, announced a new crypto lending program for personal and business accounts. "You shouldn't have to sell the best performing asset in human history to get cash. Now you don't have to do that," Mallers said at X. Strike Lending will be launched first in parts of the United States, with plans to expand to international markets in the future. "These Bitcoin-backed loans will not be reported to credit bureaus and will not affect credit scores," the company said. Loan amounts start at $75,000 and can be as high as $2 million, with an annual interest rate of at least 12%.