RoyFi Expands Music Industry Reach with Six New Distribution Partnerships
RoyFi has announced new partnerships with music distributors and service providers to help artists, songwriters, and independent labels secure funding through royalty advances.
RoyFi logo
The company has partnered with Distro Nation, KMG, CodeSwitch Agency, Beatroot Distribution, Unchained Music, and Earthprogram to offer its services. Founded in 2021, RoyFi provides royalty advances without requiring catalog ownership, offering transparent terms with flat repayment amounts and no prepayment penalties.
Key Features of RoyFi's Service:
- Advance amounts from $250 to $1 million
- Flat repayment amounts that never increase
- Early repayment options without penalties
- No catalog ownership requirements
- Funding based on past and projected earnings
New Strategic Partnerships:
- CodeSwitch Agency: Atlanta-based independent distributor offering integrated marketing services
- Distro Nation: Recently spun off from Live Nation, managing over 150 artists
- KMG Distribution: Invite-only distributor providing competitive rates and industry-leading services
RoyFi currently underwrites about $1 million monthly in advances, with 30% of clients being international. The company is expanding its presence in Europe, Canada, and the UK while maintaining a focus on serving the musical middle class.
The platform offers both automated data integration for quick advance offers and simple referral-based services, making it accessible to various music industry participants.
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