BOCA RATON, Fla.--(BUSINESS WIRE)--Worthy Financial, Inc., a modern personal finance company that delivers alternative investment products and digital savings solutions to a wide-range of retail investors, is pleased to announce that its subsidiary Worthy Peer Capital, Inc. has been qualified by the U.S. Securities and Exchange Commission (SEC), under Regulation A+, to bring a new liquid peer-debt product to the entire investing ecosystem.
The new Worthy Bond offers all investors - including non-accredited investors - a 5% fixed return. Although the bonds have a 36 month term, they can be cashed in at any time for those with imminent liquidity needs, thereby serving more as an alternative to traditional money market products. Bonds may be purchased at https://worthybonds.com.
With a $10 minimum investment, Worthy Bonds are designed to allow even the smallest investor to access the types of alternative debts products that, prior to the passage of the JOBS Act, were typically only afforded to institutional and wealthier investors.
In addition to offering an attractive fixed return to all classes of investors, the proceeds are being used to provide asset-backed loans to America’s small businesses – the backbone of the American economy.
“At Worthy we believe that the 98% are worthy of a better investment return. That is why we pride ourselves on employing both RegTech as well as FinTech solutions to deploy financial products that ensure a more democratic and effective economic system,” says Sally Outlaw, CEO of Worthy and pioneer of the crowdfinance movement.
About Worthy
Worthy Financial, Inc. is a modern personal finance company that delivers alternative investment products and digital savings solutions that enables consumers to gather and grow their nest eggs by rounding up their daily purchases and investing the spare change into higher yielding alternative assets more aligned with their values and lifestyle. Click here to join the Worthy family
Legal Disclaimer
This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification under the securities laws of any such state or jurisdiction.