How Megalo Works
Two roles, one protocol. Your data never leaves your device.
Get funded without exposing your finances
Upload Documents
Drag and drop pay stubs, bank statements, tax returns, or connect via Plaid. Files are parsed locally — never uploaded to a server.
AI Analyses Credit
Claude extracts income stability, payment history, debt ratios, and cashflow patterns — qualitatively, with no raw numbers leaving your device.
ZK Proof Generated
A zero-knowledge proof is created on your device. Only your credit grade (A/B/C) is published on the Midnight blockchain — never your underlying data.
Borrow from the Pool
Post your loan request to the marketplace. Lenders see only your grade, amount, and AI note. Smart contracts handle disbursement and repayment.
Fund verified loans, earn transparent yield
Connect Your Wallet
Connect a Midnight-compatible wallet to access the lending pool. Deposit liquidity to start earning yield from loan originations.
Browse Verified Borrowers
Review anonymised profiles — grade, loan amount, term, APR, and an AI-generated summary. No names, no documents, no personal data exposed.
Fund a Loan
Select a borrower and click Fund. The smart contract locks your capital, verifies the ZK proof on-chain, and disburses funds atomically.
Earn Yield
Borrowers repay principal plus interest on-chain. Repayments flow directly back to your wallet. Default risk is mitigated by grade-based pool tiers.