Marketplace investment platform Income& announced on Thursday its launch from Alpha into Beta. The website revealed that for the Beta launch it has developed an interface that allows investment advisors and accredited investors to easily register and purchase PRIMOs.
Brad Walker, CEO of Income& shared details about the beta launch:
“We are thrilled to launch into Beta, finally offering PRIMOs to accredited investors eager to find good returns on a lower risk fixed income product. We have put together an extraordinary team of entrepreneurs and financial industry experts to ensure we are offering a product that the market needs and can fully trust, and today we are prepared to show a testing audience what we have developed.”
Walker also revealed:
“Our Beta launch is a stepping stone toward the forthcoming full-scale launch of the Income& platform, which we expect to happen over the next few months. Existing investors on our platform have told us they are already impressed by the site and by PRIMOs, the unique fixed income product that we offer. Based on requests from current customers for even more options for diversification, we are constantly adding inventory to meet demand, and look forward to making final tweaks before full launch.”
Income& also noted that the interface is a user-friendly, 3-step process allows investors to fund their accounts and begin building a fixed-income portfolio in rapid succession. It will also allow for an increased level of engagement and experience, where users can customize how their fixed-income portfolios of PRIMOs. Walker added:
“The Income& team is determined to create a game-changing product for fixed income investors. We feel fortunate to have received outstanding feedback so far, but are excited to acquire additional client feedback during our beta and at the Fintech Sandbox Demo Day.”