Australian lender Vield launched a Lending-as-a-Service platform on November 10, 2026, enabling banks, fintechs, exchanges and digital asset platforms to offer Bitcoin-backed loans under their own brands. The loans are denominated in Australian dollars, with a fixed 13% annual interest rate, terms of up to 12 months, a maximum loan-to-value ratio of 50%, a minimum amount of 2,000 Australian dollars and a 2% origination fee. Vield funds the credits through private credit, while collateral is held by Zodia Custody Australia in segregated, insured cold storage. The company says it has approved more than 50 million Australian dollars in loans to over 1,000 clients, with no defaults or capital losses, and it holds an Australian credit licence, is registered with AUSTRAC and has received a tax ruling confirming that pledging Bitcoin does not trigger a capital gains tax disposal event. Its shared infrastructure model lowers market-entry costs but exposes partners to common operational risks and Bitcoin volatility.
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