A NEW platform connecting investors with alternative finance opportunities from around the world has launched.
Amsterdam-based Yieldport acts as a community and search engine, crawling the web for new projects using a custom search algorithm. It currently offers more than 2,000 opportunities – such as business loans, mini-bonds and equity start-up investments – from 30 different countries.
“With interest rates having hit their lowest point in decades, bond markets still inaccessible for the small investor and stock markets reaching all-time highs a lot of consumers find their money being eaten by inflation due to very low rates on their savings accounts,” said the company.
Read more: Feature: Join the crowd
“Alternative finance investments allow people to invest directly into companies or real estate without the need of a middle man.”
It is free for investors to sign up for an account and by doing so, they can follow projects they like and talk to experts within discussion groups, displayed within a personalised timeline. New investment opportunities will present themselves on the dashboard, based on the person’s preferences.
The platform is initially being marketed in the UK and the Netherlands.
“With these new tools we try to bring transparency into this market by cutting out traditional lines and let people use the wisdom of the crowd” said Mark Gesterkamp, managing partner at Yieldport.