Wint Wealth, a Zerodha-backed alternative debt asset platform, on Monday launched Bricks, wherein retail investors can invest in business loans backed by properties. According to Wint Wealth, investors will receive interest and principal payments till the NBFC does not declare bankruptcy. “Traditionally, structured debt investment was only available to ultra HNIs with a ticket size between ₹50 lakh to ₹1 crore. At Wint Wealth, we believe structured debt investment should not be limited only to HNIs and UHNIs. This helps first-time debt investors to diversify their investment towards debt," said Ajinkya Kulkarni, co-founder of Wint Wealth.

Source: Mint May 31, 2021 10:18 UTC