NanoCredit
For investors and funders
Store credit from $2.50 for people without a bank. Financed through the neighborhood store, settled on World Chain, with World ID as proof that every borrower is one real person. This page is what we would tell you in the first ten minutes of a call.
In Argentina alone, more than 500,000 people already hold a World ID; every one of them is a possible customer at a store near an Orb. Source: World, 2026.
Where we areSeptember 2026
- Pilot
- Metro Manila, September 13 to 19, 2025. Three stores, 28 transactions, 23 borrowers.
- Technology
- The NanoLoanManager contract is deployed on World Chain mainnet, unaudited, with a founder-funded pool. Address and pilot data on request.
- Next market
- Buenos Aires, ten stores near World Orb locations. Partner conversations are running.
- Funding
- We are raising a $250k pre-seed round on a SAFE: twelve months, one partner running on our rails, three months of repayment data.
What has been delivered
One founder, one pilot, two grants and a fellowship. No figures here that we could not show you on paper.
September 13 to 19, 2025
World Chain mainnet pilot, Metro Manila
3 stores · 28 transactions · 23 borrowers. The pilot ran as planned. A regulatory action against the identity provider in the Philippines (not against NanoCredit) paused the market.
2025
World Foundation grant
Spark grant for the contract architecture. Delivered in four months, beyond original scope.
Delivered 2025
Celo Foundation developer grant
Proof of concept with a second identity provider, for markets where World ID is not available.
2025, Stiftung Mercator
Mercator Fellowship on International Affairs
A year of fieldwork: New York and San Francisco for the contracts and the World ecosystem, Singapore and the Philippines for the stores that ran the pilot.
Fellow profile at Stiftung MercatorWhy World
The use case came first: credit of a few dollars, without an expensive identity check. World Chain turned out to be the one place where the numbers close.
World ID: proof of uniqueness at $0 for the borrower
A KYC check costs $2 to $10 per user. On a first credit of $2.50 that alone breaks the model. World ID tells us one thing, that this person is unique, and that is all the contract needs. The store knows the customer.
Sponsored gas
World covers transaction fees for verified users. A $2.50 credit stays a $2.50 credit instead of being eaten by network costs. This is the reason the tickets work on World Chain and nowhere else we looked.
Credit settles to the store, never to a wallet
The borrower receives store credit. Funds go to the merchant. There is nothing to cash out, so a fake account has nothing to gain.
The uncollateralized layer on World's rails
World's own apps already cover payments and savings for verified users, and there is collateralized credit for people who hold crypto. What nobody offers on those rails is credit for people who hold nothing. That is the one thing we build.
From the founder
Most projects look for a use case after the fact. Here the use case came first: credit of a few dollars, without an expensive identity check. The system does not need to know who you are, only that you are unique.
Why World ID, 1:43 on the home pageNext pilot market (in preparation)
Greater Buenos Aires
The same flow that ran in Manila is being prepared for ten stores near World Orbs in Greater Buenos Aires. Argentina has a registration framework for virtual-asset providers, and since April 2026 banks are allowed to offer crypto services. World runs its own peso stablecoin and a QR payment network with local merchants there. We do not build rails. We put credit on top of them.
The structure is a credit line to the store. The store gives its customers store credit, the way the almacén already does today, on paper. The borrower never holds the funds.
- 24
- World Orb locations in Argentina. Source: World, 2026.
- 500,000+
- World ID verified people in Argentina. Source: World, 2026.
- 10
- stores planned for the pilot, each within walking distance of an Orb
Roadmap
Earned limits
Everyone starts with the benefit of the doubt, and can lose it exactly once. Above the first few dollars, we plan to make the limit something a family earns.
Today, deployed on World Chain
Unconditional: $2.50 to $5
The first credit is $2.50, no questions asked. Each repayment raises the limit, up to $5. Interest is about 50 % a year and stops after 12 months, so coming back stays possible. One default, and the credit line is closed.
Idea, not in the pilot
Conditional: up to $25
Above $5 the question is what a higher limit should be tied to. One answer we are exploring: financial-literacy lessons, with a Munich-based financial-literacy platform. Nothing here is built, and none of it is part of the Buenos Aires pilot.
If it ships, the condition belongs in the contract itself, so the limit rises without anyone at NanoCredit deciding case by case.
How the money works
Four revenue lines, one of which carries the business. Below that, the parts we cannot show you yet.
Primary line
Fee on settled merchant volume
A percentage of the credit volume settled to stores. It scales with what the stores actually sell, which is the number we want to grow.
Second line
Float on the pool
The credit pool earns while it sits deployed and revolving in USDC. Small at pilot size, structural at scale.
Third line
Credit fee, passed through
About 50 % a year equivalent on the credit line, passed on to the customer as a transparent fiado fee instead of the notebook at the counter. At pilot ticket sizes that is cents per credit.
Non-dilutive
World developer rewards
World pays developers pro rata for verified-human usage. Every borrower we bring is a verified person using World Chain, so this pays runway without giving away equity.
What one credit costs us
World ID costs the borrower $0 and gas on World Chain is sponsored, so issuing a credit costs close to nothing. That is the whole reason a $2.50 ticket is possible.
Take the pilot parameter: $3 for one week at about 50 % a year is roughly 3 cents of interest. Three cents does not run a company. The business is the volume fee, not the interest.
What defaults do to the pool
In our model the pool stays positive up to roughly 50 % of first credits never coming back, because the cost of issuing a credit is near zero. That is a simulation with an assumption, not a measurement.
What we do not have yet: repayment data over months. The Manila pilot ran one week.
We are not publishing a take-rate. The fee level is set per market with the pilot partner, and Buenos Aires is where the first real one gets agreed.
The deck, or thirty minutes
We are raising a $250k pre-seed round on a SAFE. The goal of the round in one sentence: an external partner runs on our rails with its own capital, and we have three months of repayment data from at least three stores. The deck has the numbers behind this page. A call gets you the parts that are not in a deck.
- US fintech counsel for the nonprofit-partner path
- The Buenos Aires pilot with ten stores
- One contractor
Or write to info@nanocredit.world