DPW Holdings’ Subsidiary Relaunches MonthlyInterest.com
August 19 2019 - 6:45AM
Business Wire
Digital Power Lending Completes Beta Test of FinTech
Portal
DPW Holdings, Inc. (NYSE American: DPW) a diversified holding
company (“DPW” or the “Company”) today announced that
its subsidiary, Digital Power Lending, LLC (“DPL”) has
completed its beta testing of www.MonthlyInterest.com, an online
fintech portal that facilitates investments that pay monthly
interest. MonthlyInterest.com enables individuals to invest based
on simple portfolio criteria ranging from the industry sector to
the length of the investment and the interest rate. Each investment
pays interest monthly. Investments span a wide range of sectors
including real estate, defense and homeland security, specialized
high-tech manufacturing, commercial lending, blockchain technology,
data centers and data center management, hospitality ventures as
well as other pecuniary projects of the Company.
“When DPW became a holding company, we envisioned the
opportunity to fund our subsidiaries and partner companies. We
believe MonthlyInterest.com will be disruptive by providing
investors the opportunity to invest directly into companies and
technology that will have a global impact, bypassing traditional
banking and lending institutions,” stated DPW’s CEO and Chairman,
Milton “Todd” Ault, III. Ault elaborated, “Our lending platform is
becoming a more important part of DPW’s future.”
About
MonthlyInterest.com
MonthlyInterest.com offers investments that pay monthly interest
or monthly dividends. Each of the offerings on MonthlyInterest.com
have different monthly interest rates depending upon the industry
segment in which the company operates, and the length of the loan
as stated by the offering company. MonthlyInterest.com users have
the ability to select the offering in which they want to invest. To
find out more, please visit MonthlyInterest.com. For any questions,
please use the ‘message’ feature on the website, email at
info@monthlyinterest.com, or call 888-488-4231.
About Digital Power
Lending
Digital Power Lending, LLC (“DPL”) is a California Finance
Lender (License No. 60 DBO-77905) that specializes in providing
capital financing for small businesses through innovative products
and services. DPL is a referral-based business seeking unique
opportunities to assist in the growth of dynamic companies with
operational experience and market accepted products and services.
DPL, a California limited liability company,
www.DigitalPowerLending.com is a wholly-owned subsidiary of DPW
Holdings, Inc.
About DPW Holdings, Inc.
DPW Holdings, Inc. is a diversified holding company pursuing
growth by acquiring undervalued businesses and disruptive
technologies that may provide a global impact. Through its wholly
owned subsidiaries and strategic investments, the Company provides
mission-critical products that support a diverse range of
industries, including defense/aerospace, industrial,
telecommunications, medical, commercial lending, blockchain
technology and data center management, crypto-mining, and textiles.
In addition, the Company owns a select portfolio of commercial
hospitality properties and extends credit to select entrepreneurial
businesses through a licensed lending subsidiary. DPW’s
headquarters are located at 201 Shipyard Way, Suite E, Newport
Beach, CA 92663; www.DPWHoldings.com.
Forward-Looking
Statements
This press release contains “forward looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements generally include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and the Company undertakes no obligation to update any of them
publicly in light of new information or future events. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s filings with the SEC including, but not limited to, the
Company’s Forms 10-K, 10-Q and 8-K. All filings are available at
www.sec.gov and on the Company’s website at
www.DPWHoldings.com.
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IR@DPWHoldings.com or 1-888-753-2235
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