First Fintech Vault is Live: Launched By Ola Labs
Clearpool has launched its first Fintech Vault on Plume Network, with ola labs (ola) as the inaugural borrower and Cicada Partners as the monitoring agent.
The vault provides institutional-grade exposure to Southeast Asia’s housing finance market, one of the world’s largest and fastest-growing real estate opportunities. It finances short-duration, receivable-backed loans linked to pre-sold property developments.
Backed by uwi, a Y Combinator alumnus (s22), they address the region’s housing backlog, the vault channels capital into a high-demand, real-economy use case while delivering stable, risk-adjusted yields to lenders.
Vault Details
- Borrower: ola
- Manager: Cicada Partners
- Network: Plume
- Vault Cap: $5M
- Target Yield: ~15% (10% accrual, paid monthly + 5% upon principal repayment)
- Notice Period: 30 days
- Withdrawal Deadline: 37 days (Notice + Contract Timeout)
- Borrower Rating: 3.7 (Ba2 equivalent)
- Collateral: 1st lien receivables to developers of pre-sold properties
- Vault Token: cpOLA
About ola and uwi
ola is a DeFi protocol connecting on-chain capital to uwi’s housing finance operations. By tokenizing receivables from pre-sold properties, ola brings liquidity to developers and opens global access to real-world credit.
uwi is addressing Southeast Asia’s housing shortage by providing bridge financing to developers building pre-sold affordable housing projects. Its receivable-based financing model combines contracted cash flows with strong structural demand, creating a robust foundation for on-chain credit markets.
Institutional-Grade On-chain Credit
This vault demonstrates how on-chain credit can fund large-scale, real-world needs with measurable risk and transparent structures. By channeling capital into first-lien housing receivables, it ties stablecoin lending directly to one of the most urgent and underserved financing opportunities in Southeast Asia.
The structure combines:
- Short lending cycles with predictable repayment flows
- Collateralization by contracted receivables
- Institutional oversight and rating by Cicada
Together, these elements establish a model for on-chain credit that is both scalable and investable, while directly addressing one of the most pressing housing needs in the global economy.
