Worthy Financial Inc.

Worthy Financial Inc. specializes in offering investment opportunities through Worthy Property Bonds, providing a fixed annual yield of 7. 0% while supporting residential real estate development in the United States. Founded in 2016, Worthy Financial Inc.

is headquartered in Boca Raton, US. The company focuses on providing accessible investment options through its Worthy Property Bonds. Sally Outlaw and Timothy MacEachern initiated the company, with Sally Outlaw currently serving as CEO. The firm completed its first deal on July 17, 2017, and secured SEED funding from unspecified investors in the same year.

Worthy Financial, Inc. offers Worthy Property Bonds as its primary product, providing investors with a fixed annual percentage yield (APY) of 7. 0%. Priced at USD 10 each, these bonds do not incur any fees, penalties, or minimum balance requirements.

Aimed at supporting residential real estate development, they fund infrastructure projects that enable home developers to construct starter homes in areas with housing shortages. Over 100,000 households, including individual investors focused on savings and personal projects, utilize these bonds, which are marketed primarily to retail investors throughout the United States, particularly in regions with high demand for affordable housing. Worthy Financial generates revenue from sales of Worthy Property Bonds, which are purchased directly through its online platform at USD 10 per bond. The company employs a direct-to-consumer model, enabling investors to decide on their purchase amounts and frequency.

Additionally, a round-up feature allows users to invest spare change from daily purchases into these bonds, boosting customer engagement and investment activity. The interest earned from these bonds constitutes the primary revenue stream, leveraging the fixed APY to attract investors and facilitate local housing development. In July 2017, Worthy Financial Inc. raised an undisclosed amount of SEED funding to support its operational strategies.

The company intends to utilize this funding for the development of new products and for expansion into additional geographic regions. Specific markets targeted include urban areas with acute housing shortages where affordable housing is in high demand. The company aims to launch new investment products designed to attract a broader base of retail investors by 2018.