DPW Holdings DPW Stock News

DPW Holdings Inc (NYSEAMERICAN: DPW) is making a run for the top in the market this morning, trading on gains of nearly 300%. The gains come after the company announced that its subsidiary will relaunch www.MontlyInterest.com. Here’s what’s happening:

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DPW Surges On MonthlyInterest.com Launch.

DPW Holdings issued a press release early this morning, announcing that its subsidiary, Digital Power Lending, has completed the beta testing for www.MonthlyInterest.com.

The website is an online fintech portal that gives investors a way to get into investments that pay monthly interest. The platform provides investors with an option to make investments on simple portfolio criteria. These criteria include industry sector to lenght of investment and interest rate.

DPW said in the release that all investments made on the website pay interest to investors monthly. The investment options span across a range of sectors, including real estate, defense and homeland security, specialized high-tech manufacturing, commercial lending, blockchain, data centers and data management, hospitality ventures and other projects that the company is working on.

In a statement, Milton “Todd” Ault, III, CEO and Chairman at DPW, had the following to offer:

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. Our lending platform is becoming a more important part of DPW’s future.

This Is A Big Deal For All Involved

At the end of the day, the launch of MonthlyInterest.com is great for DPW Holdings and its investors. After all, the launch provides a new product where revenue can be generated, and at a very good time.

The truth of the matter is that the market has been a place of quite a bit of uncertainty as of late. With a trade war threatening severe economic impact in multiple regions, investors are starting to pull out of traditional investment vehicles and look for safe havens.

While DPW Holdings’ offerings may not be traditional safe havens, guaranteed interest as a return on investment in rough market waters would likely be attractive. So, there’s a real opportunity for this product to hit the ground running.

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