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YieldStreet raises $62M Series B

Edison Partners led the round

YieldStreet’s Michael Weisz and Milind Mehere (Credit: Yael Malka / Bloomberg)

Fintech startup YieldStreet has raised a $62 million series B round led by Edison Partners. Greenspring Associates and Raine Ventures also participated, according to TechCrunch.

What they do: The platform allows individuals to invest in alternative assets, such as real estate and commercial loans. Until now, participation was limited to investors who made at least $200,000 a year or a had a net worth of over $1 million. With this new round of funding, YieldStreet will make a concerted effort to open its investments to all, according to VentureBeat.

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