loan-settlement
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SellAnyCar.com
SellAnyCar.com is a Dubai-based automotive marketplace that buys used cars directly from consumers. Sellers get a free online valuation in seconds, bring the car to a branch for a free professional inspection, and receive a guaranteed offer within 30 minutes. Once accepted, the company pays by bank transfer, handles the paperwork and title transfer, and auctions the vehicle to a network of dealers. Founded in 2013 by serial entrepreneur Saygin Yalcin, it markets itself as the Middle East's first and largest car-buying service and has expanded across the UAE and into Saudi Arabia.
Forest Park Group
Forest Park Group is a San Mateo, California fintech building LoanOS, a private, permissioned blockchain platform that shrinks syndicated loan settlement from weeks to as little as T+1. Founded in 2019 by syndicated-loan veterans and distributed-computing engineers, the company targets the roughly 30,000 participants in the leveraged loan market, where deals routinely take 25+ days to settle and $92 billion in delayed-settlement exposure sits idle. By automating loan data flows through smart contracts and API-driven interfaces, LoanOS aims to make an illiquid, email-and-spreadsheet market behave more like a liquid one.
John Doherty
John 'Jack' Doherty is the Co-Founder and CEO of Forest Park Group, a San Mateo-based fintech building LoanOS - a permissioned blockchain settlement platform targeting the $1 trillion-plus syndicated loan market. With a Mathematical Economics degree from the University of Pennsylvania and stints in CLO credit research at Pretium Partners, he founded Forest Park in April 2019 to attack one of Wall Street's most persistent inefficiencies: syndicated loan settlement times averaging 23 days in North America and 6+ weeks in Europe. The company raised a $1.2M seed round in 2021 from EvoNexus and Advanced Blockchain AG, and its technology promises to compress settlement from T+21 to T+1, potentially increasing syndicate sizes by 25% and cutting credit costs by 4%.