# Synnax

*AI-powered credit intelligence*

**Authors:** [Mark Curchin](https://holdex.io/c/learn/mark-curchin)

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## About Synnax

Since institutions began tapping into the DeFi market, a new digital credit market has emerged. Institutions borrowing from these markets often need more transparency, making it hard for lenders to assess them. The market severely needs a credit rating standard, increasing the overhead for institutions and Applications requiring this information.

Synnax provides a solution for transparent, data-driven credit intelligence powered by AI.

The Holdex team was not just a choice but a strategic partner. We were chosen to spearhead the design and product development launch for Synnax, effectively becoming an extension of their in-house team. We have fostered a close-knit relationship with stakeholders that ensures we are always on the same page, working towards our mission and delivering new product updates.

Visit the [Synnax website](https://synnax.ai) and [Synnax app](https://synnax.app) (Alpha version) to see it in action!

#portfolio #creditrating #defi #institutions