Prontopiso gets a new financing line of 14M euros

July 13, 2019
Share this Post: 

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The proptech thus makes it possible to deal with operations with debt in case of having to advance payments in less than ninety days.

Prontopiso ensures financing. The proptech company specializing in property blockchain has announced an expansion of fourteen million euros of its financing line thanks to an agreement with Sabadell Venture Capital and other private investors.

With this added capital, the company ensures that it can finance its operations with debt in the event that it has to advance the payment of the amounts committed in less than ninety days. In addition, this financing may grow as the company's business also increases.

The firm, founded in 2017, focuses on selling real estate at a market price in less than 90 days. In the last year it has multiplied ten times the volume of business and a possible internationalization is planned.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.

899 Limited Tickets

Read more

July 13, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Vs Rea Group
Analysis: Hemnet Still Playing Catch-up to REA Group When It Comes to Vendor Paid Advertising

Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged...

Read More
Ohmyhome Full Year Results Net Losses But Big Ambitions
OhMyHome 2023 Full-Year Results: Net Losses But Positive Outlook for Nasdaq-listed Marketplace

The Singapore-based publicly listed company OhMyHome has released its 2023 full-year financial results. Highlights include: Revenues totalled S$5.0 million (US$3.8...

Read More
Homely Financial Results
Australian Portal Homely Records 16% More Enquiries in 2023

Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...

Read More
Yandex Q1 Strong Performance From Divested Assets
Yandex Q1 2024: Net Losses for Remaining Assets After Large Scale Divestments

Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...

Read More