Boldyield: - incorporated in Estonia (team in Latvia) - interest rates from 10 to 18% - sectors: property and business finance & maritime transport finance - open to investors (18y+) and companies with a bank account in EU.
My name is Edgars Mass and I'm the Founder and CEO at BOLDYIELD - a new asset-based P2B crowdlending marketplace from Estonia. Let me introduce to you a new market player.
It is the first European online investment marketplace that provides investment opportunities in 3 reliable industries such as Real Estate, Maritime Transportation and Business Financing within the one place.
Despite the fact that P2P and Crowdfunding industry is already saturated, we see a great potential in this business model as well as gaps that we would like to fulfill with our experience, unique product offerings and great customer experience above everything mentioned. During more than 15+ years in lending and banking sectors we have gained a remarkable experience that we are ready to implement in each step while conducting business at BOLDYIELD as well as share with you.
Our Vision is Fair - we deliver our exceptional experience to bring together both: wise wealth creators and responsible business owners for a greater outcome. For more detailed information, please, feel free to visit our website
We are in the beginning of our journey and we will be extremely happy to have you with us. To make a new start even more remarkable we are granting 10 EUR as a welcome bonus to our first 100 investors. To receive it, please make sure to register and make Your first investment with us. Join now - boldyield.com.
Please, do not hesitate to share with us your thoughts as well as questions. Thank you for your attention! We are starting!
Post by southseacompany on Jan 31, 2020 16:49:23 GMT
The platform is "pausing", effectively winding down. Email:
Due to the significant industry events we have made a decision to pause our business operations for an uncertain period of time and do not proceed with current project financing.
From the very beginning our idea was to come up with a clear and fair offer to the market, opening the most info about ourselves, our business model, our partners and Developers. And we started right that way. Unfortunately, it seems that demand for such a fair but less profitable product in the P2P industry is not sufficient and not so easy achievable at the moment to continue our operations in such a turbulent market situation. Considering the fact that we are not willing to compromise on quality of the projects and Developers provided, we find it the most appropriate decision.
We have agreed with current project Developers not to proceed with project funding and all funds collected are already returned back in full to all investors. Additionally, the amount of accrued interest for the all period of investments made are also credited to the investors’ accounts. We think it is a fair step to thank You in such a way for given credit to a new marketplace, like we are.
As to current projects, we will take the necessary steps to provide an off-line financing for the Developers. But as to BOLDYIELD – while following what impact will be left on the industry further development, we will be looking after a strategic or financial partner with whom to return one day in a new quality, presenting stability, with new ideas and opportunities in the alternative financing industry. The BOLDYIELD team truly regrets that these actions are necessary but sometimes You need to take one step backwards to make two forward.
Thank You for Your initial trust and cooperation! If you have any questions or comments regarding BOLDYIELD, please feel free to contact us at firstname.lastname@example.org
And yes, please unfasten Your seatbelts because we are about to make a stopover.
This is perhaps not surprising given how slowly projects were being funded. In a way, Boldyield was an experiment to see how the market would receive an economically sustainable P2B business. They had reasonable, but not outstanding interest rates (no ~20% projects here), paid a lower referral fee than most of their peers, and offered no buyback guarantee, but they were very transparent. The answer was a resounding no: investors want high returns, regardless of risk; or at least that was the case until the Kuetzal and Envestio disasters. Perhaps this is testament to the P2P market's lack of sophistication in risk assessment.
I do think that Edgars and the rest of the team are building significant goodwill by paying all accrued interest, despite the projects not going forward. Hopefully investors will recognise their integrity in the future, should they they manage to return to the field.