Yieldstreet named in CB Insights Fintech 250 2021 list of best Fintech startups
An alternative investment platform rewarded for the second consecutive year
NEW YORK, October 05, 2021– (COMMERCIAL THREAD) –CB Insights named the leading digital alternative investment platform Yield Street as Top Fintech Startup for the second consecutive year in its fourth edition Fintech 250 listing. It consists of a prestigious list of the best private fintech companies using technology to transform financial services.
Yieldstreet aims to help millions of people claim their financial independence by giving them access to previously inaccessible investments. This honor comes from the fact that it is expanding rapidly, with retail investors increasingly seeking investment options outside of traditional stocks and bonds. Yieldstreet raised $ 100 million in a Series C funding round in June with the goal of further expanding its growing membership, which currently stands at 325,000. To date, $ 1.94 billion has was invested on the Yieldstreet platform with returns of over $ 1.2 billion in principal and interest for its investors and an IRR on maturing offers of 11.27%.
CB Insights Intelligence Unit selected Yieldstreet for the Fintech 250 using an evidence-based approach from a pool of over 17,000 companies. It was chosen based on the data submitted, the company’s business model, market dynamics and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private businesses.
The Fintech 250 represents a broad spectrum of financial services opportunities across 19 industries, from digital banking to insurance to retail investing, historically identifying the best fintech companies. The 2020 class saw 17 companies go public and 25 acquire. And they have collectively raised over $ 25 billion in additional funding and forged over 380 new partnerships.
Yieldstreet is reinventing the way wealth is created by providing access to alternative investments previously reserved for institutions and the ultra-rich. Yieldstreet’s mission is to help millions of people generate $ 3 billion in revenue outside traditional public markets by 2025. Its award-winning technology platform provides access to investment products across a range of classes assets such as real estate, commerce, consumption, art, marine, Legal Finance and Aviation. Since its inception in 2015, Yieldstreet has funded more than $ 2.2 billion in investments and is committed to making financial products more inclusive by building a modern investment portfolio. The company, with headquarters in New York City and offices in Brazil, Greece and Malta, is backed by leading venture capital firms. Join the movement on www.yieldstreet.com.
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