Income Company

Idea

Introduction

Income is an alternative investment platform and mobile app that enables investors to invest in loans from around the world. We cooperate with select loan companies that list their loans on the platform for our investors to invest in. We are democratizing investing in alternative assets by a novel use of technology, and by implementing security features mainly used by institutional investors. We believe that the safety of investments is the key to exponential growth and the mass adoption of loans as the leading alternative asset class.

Substantial accomplishments to date

One of the only platforms in the European market offering loans globally for investment with security structures similar to institutional investors.

● A reputable investor leading our funding round - Tolaram.
● Over €3,7 million invested through the platform
● 69K YTD revenue, 6K monthly recurring revenue*. Over 1000 registered investors
● 3-10% growth in investors week-on-week (Aug-Nov 2021)
● 4 non-bank lenders listing assets on the platform, 19 in due diligence. Strong pipeline growth of loan companies.
● Focus on loans as on of the leading asset class in the alternative asset space.
● A CEO with experience in Fintech and investments.
● We are monitoring the licencing process and are ready to apply one if needed.
● Raised €1 million pre-seed to develop the product and hire the team.
● Successful launch of the desktop platform completed in February, and mobile app in September
● Ready for strong growth.

*Based on unaudited management accounts

Monetisation strategy

Income runs a platform business model. It creates value by facilitating transactions between retail investors, institutional investors, and loan originators. The larger the number of market participants, the larger the value of the platform to all participants, in the form of added liquidity and selection of assets. Income charges a 2-4% fee p.a. from the loan companies on the amount of outstanding investments.

In the future additional monetisation can be achieved by offering additional security features such as insurance, charging additional fees for servicing institutional investors, and through quick exit fees on the platform.

Use of proceeds

The money raised in the current round will be used to strengthen the team, enhance the product, and to support the onboarding of more investors and loan originators.

On the product side, we have exciting plans, from launching a secondary market for our loans, to further simplifying the mobile app as per our identified key principles.

We have already accomplished so much, but are still only at the start of our journey. We look forward to having you as an investor in the future of alternative asset investing and in transforming the experience of investing in loans for good.