Finresi

Finresi is a Philadelphia, Pennsylvania-based fintech company founded in 2021 by Jeff Gopshtein and Kirk Ayzenberg. The Finresi platform gives accredited investors access to passively invest in high yield, real estate secured loans, without the hassles of traditional real estate ownership. By focusing on first-position liens with low loan-to-value... ratios, Finresi aims to provide secure and attractive returns without the complexities of traditional property ownership. The platform partners with and purchases loans from a network of lenders whose loans end up on the marketplace, and loans go through a due diligence process before being offered as an opportunity. Users can invest in properties alongside lending partners, taking a share of the loan, and when property owners make loan payments, investors receive a monthly return, and when the loan is fully paid, they receive their principal investment back. The Newtown-based company pivoted last spring from being a marketplace for buying apartment buildings to allowing investors to invest in property loans and participate in real estate debt. The company formerly known as Yieldeasy is now Finresi, and the new name squishes together the words finance and residential. The platform manages all aspects of loan origination and servicing, allowing investors to earn passive income through monthly interest payments without the complexities of property ownership. The company is privately held and has raised funding from investors including Summersault Ventures, Alumni Ventures, and Ben Franklin Technology Partners. The platform features a diverse range of investment opportunities, allowing investors to diversify their portfolios according to their financial goals, with a user-friendly interface and a commitment to transparency.Read More