90.5 WESA: "Honeycomb Credit Turns Crowdfunding Into An Investment Opportunity"
Updated: 14 hours ago
Thanks to 90.5 WESA for featuring our work helping small businesses grow and build community, while introducing investing local as a new way for anyone to participate in their local economy!
"Local financial technology company Honeycomb Credit is encouraging people to invest in Pittsburgh businesses through crowdfunding, a departure from donation-based sites like Kickstarter or GoFundMe.
Anyone can back a project on Honeycomb Credit, with most loans in the range of a few hundred dollars. If the project is funded, backers get paid back with interest when the business is up and running. The projects themselves range from about $10,000 to $100,000."
Read the full article here.