YIELD
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 2.8m | 4.4m | 6.6m |
% growth | - | 57 % | 50 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$4.9m | Early VC | ||
N/A | $16.4m | Convertible | |
N/A | $40.0m | Series A | |
Total Funding | $61.3m |
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Recent News about YIELD
EditYield App is a fintech startup that operates in the cryptocurrency market, providing a platform for users to buy, sell, and earn interest on digital assets. The company caters to both seasoned crypto veterans and beginners, offering a user-friendly interface and 24/7 support. Yield App's primary service is its yield-generating strategies, which aim to provide market-leading returns while prioritizing capital preservation and diversification.
The company's business model revolves around its Earn products, which allow users to earn up to 25% annual percentage yield (APY) on their cryptocurrency holdings. This means that users can earn passive daily interest on their Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and other digital assets. The company also offers seamless fiat currency (EUR and GBP) transactions, enabling users to deposit and withdraw fiat money with ease.
Yield App makes money by deploying users' capital into strategies that have undergone rigorous due diligence processes or have been selected using the company's 135-point proprietary risk model. These strategies are overseen by Yield App's in-house portfolio team. The company also generates revenue through its crypto and fiat exchange service, which offers competitive prices for crypto and fiat currency exchanges.
Yield App prides itself on its strict risk management processes and multi-layered security infrastructure, which aim to ensure the security of users' assets. The company's diversified portfolio strategy is designed to navigate market volatility, providing a stable platform for users to grow their crypto portfolio.
Keywords: Cryptocurrency, Yield Generation, Digital Assets, User-friendly, Capital Preservation, Diversification, Passive Income, Risk Management, Security Infrastructure, Portfolio Strategy.