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HOUSTON, May 6, 2021 /PRNewswire/ Investment bank Entoro Capital, LLC today announces a partnership with global payments platform LODE Payments International (LPI) to raise $10 million from Accredited Investors under the Securities and Exchange Commission (SEC) Reg D 506c offering.
LPI is offering a 9% per annum bond with quarterly payments on a 5-year term (non-renewable). The bond is redeemable once per quarter, up to 5% of the principal and interest of the bond, at the demand of the Bondholder. The bond is subordinated debt with no existing senior debt.
With payment giants attracting millions of annual active users, Entoro is always looking to provide Investors with new opportunities to tap into blockchain technology as it grows further in the financial industry.
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