Dec 13, 2019
Sally Outlaw created something remarkable. She took on the Securities and Exchange Commission (SEC) to be able to create a bond that yields a 5 percent return, can be bought in $10 increments, and her company, Worthy Peer Capital, reinvests that money as a loan to small U.S. businesses. What happens if a company defaults? Outlaw invests only in asset-backed/inventory-based companies, so Worthy would theoretically recoup any losses.
Making bonds understandable and accessible, as well as providing customers an app to easily withdraw or add money, is a pioneering concept in the financial services industry. Outlaw speaks about helping the 99 percent gain financial security.
Find out about her early career as a documentary maker and how she took on the SEC on this episode of SheVentures.