This peer-to-peer (P2P) property crowdfunding platform for the United Kingdom has recently acquired its £250,000 funding target through its Crowdcube equity round. Propfit ran the campaign to attract a higher audience, reaching 300 investors.
As previously reported, Propifi is on a mission to provide a new, easy to use, peer to peer commercial lending platform to market, providing much-needed bridging finance for customers with an aim to deliver high returns of 8-12% for investors on the platform. The new portal was founded specifically to cater to the massive demand for bridging finance in the UK, and to satisfy the increasing appetite for P2P property finance in the face of stagnating traditional lending channels.
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