When did Fortunafi launch?
We launched in 2020, launching our first pool on Centrifuge’s Tinlake in December 2021.
Why should borrowers access capital from Fortunafi?
We offer a lower cost of capital and a more flexible funding structure than legacy capital market incumbents. Borrowers can get access to funds in days vs. a traditional lender that could take weeks.
Where does the yield come from?
The yield comes from Real World Assets that generate cash flows. Fortunafi Series 1 consists of Revenue Based Financing (RBF) assets, Fortunafi Series 2 consists of institutional loans.
What are Revenue Based Financing (RBF) assets?
Revenue Based Assets — or RBF — is a type of financial capital provided to small or growing businesses in which investors inject capital into a business in return for a fixed percentage of ongoing gross revenues, with payment increases and decreases based on business revenues, typically measured as monthly revenue. Payments are equal to 1-10% of your monthly revenue, and stop if the business buys out the investment for 1-3x the investment amount.
Who can invest in Fortunafi pools?
Fortunafi welcomes all accredited investors from US and international domiciles who have successfully been onboarded with us via Securitize iD – our trusted partner for KYC/AML verification process. Following a successful verification process, Fortunafi’s prospective investors can connect their wallet on Tinlake (Centrifuge) and use DAI to complete an investment into the pools.
How are tokenized assets different than on-chain securities?
Tokenized assets are issued digital tokens deployed on a blockchain that represent either digital or physical assets, but are not existing investment securities. On-chain securities are investment products that live on a blockchain in the form of a digital token.
