1.89% This is the historical default rate of all investments on Percent as of May 31, 2023. Out of the 42 past and present borrowers on the Percent platform, five have seen offerings with defaults. At the same time, 98.11% of all principal invested with Percent has either been successfully returned to investors with interest […]
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Crypto’s Bad Year: As of this writing, the global cryptocurrency market is down over 63%, or around $1.48 trillion dollars since the start of the year. Bitcoin, the dominant crypto asset, alone saw a 64% decrease YTD, as other tokens — Ethereum, stablecoins, and the thousands of “altcoins” — followed suit. Unlike investments in FTX, […]
Venture Debt is not as popular as venture equity investing, but it can be an effective and impactful asset class in a well-diversified portfolio. Learn the benefits of investing in venture debt and what it could do for your investment strategy. […]
Percent is the platform for private credit investments. Yet private credit investments are not a monolith. There are numerous types and sub-types of private credit investments, all with their own unique purposes, offering structures, and more. The Percent platform offers multiple private credit asset classes. Each class is offered by specific borrowers, and all Percent-underwritten […]
When private companies and startups raise money, they often do so through venture equity investments. This gives a growing company much-needed funds to build their business in exchange for equity ownership given to venture capital firms. Yet venture equity is not the only way for startups to raise money. These fast-growing private companies can opt […]
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Giggle, a Miami-based fintech platform, recently joined Percent’s growing roster of financial technology platforms and providers. We sat down with Co-Founder Jared Kogan to talk about this exciting partnership and Giggle’s extensive work in improving the gig economy. Giggle was founded in 2020, as the world closed up yet increased demand from gig workers. How […]
Read More… from Supporting the Gig Worker Economy: Q&A with Jared Kogan, Co-Founder of Giggle
Percent helps accredited investors add private credit investments to their portfolio. These investments typically range from 8% to 20% APY, and often feature durations from a few months to a few years. Investors can see their principal investment returned with interest as the underlying note is repaid. How Percent Investors Accrue Interest: Companies can seek […]
Percent recently held the company’s first Quarterly Investor Webinar of 2022 on January 26th. Nelson Chu, Founder & CEO, along with Percent President Prath Reddy, CFA and moderator Jessica Zall (Percent’s Head of Marketing) covered timely updates on our short-term note program and origination partners, including a look back at the previous year. They also […]
Read More… from Watch: Percent Quarterly Investor Webinar — January 2022
When you invest, you do so with the intended purpose of profiting on your initial investment. When you invest in equities, your aim is to have your shares appreciate in value to sell them at a gain. When you invest in Percent deals, you do so to earn interest on top of your initial investment […]