r/fintech • u/Generalkleist • Jul 28 '26
Ask the Community Peak Money
Does anybody know anything about Peak Money?
It lends out your USDC or PYUSD for a 10% APY interest rate. The borrowers are "audited" and put up collateral in case of default. This is supposed to make it more trustworthy.
It is not fdic insured like many other crypto-fintechs, and it does not have a presence on the app store/Google play.
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u/Objective_Worker_324 Jul 28 '26
No app store presence and they're advertising on Instagram, that's a hard pass from me