Fintech Opens Shale Plays to Investors

June 20, 2019 | FinTech
https://dailyalts.com/wp-content/uploads/2019/06/51e6d643484fb158f6dc8d75ce2a3f63143ad8e45353774b7226_640.jpg

Accredited investors looking for shale exposure can do so online

Shale investing is no longer an exclusive club open only to industry insiders. EnergyFunders, which claims to make direct energy investing easy, presents selected and vetted oil projects on a transparent, data-driven platform.

Accredited investors can press a button to buy a stake in a well.

The investor gets paid when the well enters production.

Energy investing no longer restricted to stocks

Houston, Texas-based  EnergyFunders was founded in 2013. Projects eligible to list on the platform must come from oil and gas operators with a proven track record and after a thorough internal review.

“EnergyFunders will be the very first online funding platform to finance the development of a shale play through public retail financing,” said Reed Stiles, Vice President of Upstream for EnergyFunders. “Typically, shale play projects could only be accessed by investors who were already very well connected in this space. Even the wealthiest investors would need specific industry connections to get a seat at the table. We’re proud to reach this milestone.”

Tie-up with Rocket Dollar

EnergyFunders is partnering with financial platform Rocket Dollar so that the latter’s members and EnergyFunder investors can roll over a 401(k) or IRA to invest in oil and gas.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6.jpg
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…

https://dailyalts.com/wp-content/uploads/2023/12/RHCEU-Inline.jpg
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…

https://dailyalts.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1.png
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…

https://dailyalts.com/wp-content/uploads/2023/12/Revaia-founders.jpg
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…