Real estate investment platform Income& is one of 24 startups chosen to participate in the sixth class of the Plug and Play Fintech Accelerator.
During the 12-week program, Income& will gain access to a network of financial institutions, 200 venture capitalists and 180 other corporate partners.
Under the direction of CEO Brad Walker, Income& introduced the PRIMO (prime-rated individual mortgage-backed obligation), an investment vehicle backed by a prime-rated residential mortgage.
Walker said: “We are incredibly excited to partner with a leading fintech accelerator like Plug and Play to help us bring our fixed-income product PRIMOs™ to the baby boomer market,” Mr. Walker said. “We look forward to collaborating with Plug and Play’s leading network of financial institutions from around the world to enhance our product, as we work toward continually improving upon the revolutionary investment concept we developed in the PRIMO™.”
PRIMOs can be chosen with a click or sorted via investor preference on geography, risk or desired yield.