Darksquare wants to bring private debt, distressed credit, real estate and renewable energy projects, forestry investments, hedge funds to the retail market.
In brief:
-London-based Darksquare began onboarding from its waitlist of 600 people for its first live deal with a £5,000 minimum investment.
-The launch offer is a fractionalised private debt investment via alternative lender Plend.
-Plend is a consumer lender offering green energy loans for homeowners seeking to renovate their homes.
What does this mean?
"We're excited about partnering with Plend for our first live deal. It's a top of the capital structure, low-risk deal which still yields over 10 per cent, exactly what we're looking to offer our customers. On top of that, it's also helping more people in the UK get access to credit. It's a genuinely ESG positive investment with a strong yield," said Daniel Harman, the Co-Founder & CEO of Darksquare said.
