PennyWorks is a high-yield investment platform that allows you to earn interest through collateralized lending. According to Benzinga, these investments have the potential to help you earn up to 6% APY depending on the investment. PennyWorks has delivered consistent stable returns in a volatile market, handily beating established products such as index and bond funds. The platform offers low risk investment on a secure platform. With decades of experience in fixed-income investing, PennyWorks has built a system that delivers daily returns through the use of collateralized lending on digital asset.
Location: United States, New Jersey, Hoboken
Member count: 1-10
Total raised: $2M
Founded date: 2021
Funding Rounds 1
| Date | Series | Amount | Investors | Deal News |
| 05.07.2022 | Pre-Seed | $2M | - | finsmes.co... |
Mentions in press and media 3
| Date | Title | Description | Category | Author | Source |
| 16.09.2022 | PennyWorks... | David Thompson, Tech Times 16 ... | - | - | techtimes.... |
| 12.09.2022 | DeFi Platf... | PennyWorks, a DeFi-based platf... | - | Omar Farid... | crowdfundi... |
| 05.07.2022 | PennyWorks... | PennyWorks, a Hoboken, NJ-base... | USA | - | finsmes.co... |