New York-based fintech YieldStreet has raised $116 million in debt and equity financing to further expand the loans it offers on its platform, Bloomberg reported today.

The company, which provides loans to small businesses and real-estate projects in what it terms “asset-based” investing, hopes to expand the product out beyond its current investors.

YieldStreet CEO Milind Mehere told Bloomberg:

We’re trying to provide retail investors this type of product, and ultimately our goal is to reach as many as possible…We hope to expand this to everyone sometime later this year.

Read more at Bloomberg and YieldStreet.

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