The WSJ reports that the hack actually occurred in March instead of May; the breach wasn’t discovered until July 29th and it was announced to the public on September 7th. Source
Wunder Capital is a crowdfunded investment firm focused on solar energy projects; it manages solar energy funds, provides customized financing and offers loans; its 2016 report says it has originated $87 million in financing across 310 deals with zero write offs; its solar energy funds include the Wunder Term Fund with a projected 2016 annual return of 8.5%, the Wunder Income Fund with a projected 2016 annual return of 6% and the Wunder Bridge Fund with a projected 2016 annual return of 11%. Source
Online solar lender Wunder Capital has raised $112mn, 90 percent of which is debt with 10 percent being equity; Cyrus investments led the capital infusion and Wunder chief executive Bryan Birsic said, “The debt component is going to blow out the lending opportunity.” Source.
Speaking at TechCrunch Disrupt, Sam Altman, who leads the Y Combinator stated, "We are interested in how companies like Y Combinator can use the blockchain to democratize access to investing We should try to figure that out.”; TechCrunch reports that sources say YC is further along in the process of making this a reality; Altman also provides his opinion on ICOs in the interview. Source
Yahoo Finance launched a new savings app called Tanda which allows groups of five or nine people to save money; the app pools money from the group each month and each member of the group gets access to the pool at different months; the company charges a fee on the first two payouts but offers a bonus to users who can wait for the money; the pool can reach $2,000 and Tanda has partnered with Dwolla to vet users. Source.
Yapily offers an open banking API that serves all sorts of enterprises including financial service providers, merchants, accountancy firms, payments...
It was a month ago that YieldStreet shared that they had partnered with Citi to offer their investors access to...
YieldStreet Co-Founder and CEO Milind Mehere knew what is was like to be shut out of investment opportunities; after successfully scaling and selling his previous business he started YieldStreet to provide real estate, litigation funding and more to a wider group of investors; the company has returned over $80mn of principal and interest to investors; seeing litigation funding as one of the more interesting parts of the portfolio is an opportunity they feel is unique and can help to set the company apart. Source.
YieldStreet is a unique fintech company in the US, providing access to unique investment opportunities such as litigation finance, marine...
YieldStreet is a platform which allows investors to access alternative investments such as real estate, marine/shipping, legal finance, commercial loans...