6 years ago

CrowdProperty Secures £1.1 Million in Seed Funding to Disrupt Property Lending

  • CrowdProperty, a P2P property lender, has raised £1.1 million in equity funding through a Seedrs campaign

  • The round saw participation from 575 investors and was oversubscribed

  • The funds will be used to accelerate the company's growth plans and develop new features for its platform

  • This funding round follows a recent announcement of a £100 million loan capital facility from a major financial institution.

      • ProblemFinancial Services

      "Small and medium-sized property professionals struggle to access traditional lending options, and investors receive inferior interest rates due to high overhead banking costs."

      Solution

      "CrowdProperty's platform provides a peer-to-peer property lending solution, allowing investors to lend to property professionals and earn higher interest rates while also providing a platform for property professionals to access finance."

      Covered on