Outlet is a niche lending service that works like a savings account. They connect you with their network of overcollateralized lending partners, and match you with the highest yield. They do so in a smooth, and secure app that looks, acts, and feels like a savings account.

This is a form of Peer-to-Peer investing. Outlet loans your capital to borrowers and in return, you earn interest paid monthly. The good news is that you begin earning the advertised interest rate as soon as your funds are deposited onto Outlet.

Outlet earns revenue through the interest rate spread. This is the difference between the interest rate your funds are loaned out at vs what you as an investor are paid.

All assets under Outlet’s management are 100% covered. Coverage is different from insurance. We are not FDIC insured, but have the best available coverage on the assets deposited through Outlet. At Outlet the most important thing is protecting your assets. We protect and guard your assets under the following risks, lending risk, the risk of hacks, and money in transit. We have a direct partnership with one of our lending partners to make Outlet as safe as possible from hacks. Our custody solution partner is SOC II type 2 approved. Stock markets, exchanges and other regulated entities have similar SOC requirements that must be met in order to operate. Lending risks are mitigated due to the fact that the loans your money goes toward backing are all overcollateralized. Meaning that for every dollar our lending partners loan out there is over a dollar being held by them.