YieldStreet hits $2bn deals milestone
YieldStreet has now funded $2bn (£1.45bn) of deals through its alternative investment platform.
The US peer-to-peer lender enables investors to fund loans covering asset classes including art, consumer, commercial lending, legal and property.
The platform also said that more than $1bn of capital and interest has been returned to investors.
Investors can fund single offerings or diversify with a multi-class asset fund.
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“We have been confident from day one that if we built it, retail investors would eagerly sign on,” Milind Mehere, founder of Yieldstreet, said.
“Today they not only want but need to build income-generating investment portfolios to help ensure financial flexibility and are simply looking for access to what only the ultra-wealthy have enjoyed.”
Mehere said there are plans to add new investment options as the platform grows.
“Boosted by our recent $100m Series C funding, we’re excited to build out our technology and geographic footprint, to provide the greatest number of people the potential for financial freedom,” Mehere added.
Yieldstreet raised $100m in a Series C funding round in June 2021.