Propio overtakes initial funding target of £300,000 in latest round

April 21, 2019

British property investment firm, Propio, has announced the closing of its latest funding round, having hit its initial target of £300,000 which it received through crowdfunding platform Crowdcube. Over 325 investors have flocked to the real estate firm during this funding round, an impressive amount having only had a month to gather them.

As previously reported, Propio describes itself as the home of the Property ISA.  Its platform notably combines decades of property expertise with data and tech to engineer stable, property-backed, ISA-eligible investments that aren’t exposed to the usual fluctuations of the property market. The company reported:

“Property investing traditionally requires a significant amount of money, time and knowledge. But we’re on a mission to change all that. We’ve come up with an easier way for everyday people to access property investments. One that works for a new generation of investors but also helps build more much-needed homes in the UK.”

Propio’s community has also invested more than £8.5 million. The platform is also ranked in the top 10 investment companies on Trustpilot, have been all over the press & have delivered average returns of 6.5% to investors. 

Read more here

Join us in Miami Beach, June 5-7 for the Global Online Marketplaces Summit.

899

April 21, 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

Untitled Design 16
Product and Services Roundup: Avito, Endeska, Dubizzle, NoBroker

This week's Product Roundup starts with Avito (twice)...   Europe: Avito partners with M2Data for listing verifications Avito Real Estate...

Read More
Omp Investment Roundup 1
Funding and Investment Roundup: Avito, Spotahome, Third Door Ventures, Property Sense

This week's funding and investment roundup starts with a major deal in Russia that could see a public flotation shortly......

Read More
Aurum Proptech Results 2
Aurum Proptech Trims Losses in Full Year Results

Aurum Proptech, the parent company of India-based rental platform NestAway, posted INR2.6 billion ($31 million U.S.) in consolidated operating revenue...

Read More
Untitled Design 15 1 3
Realtor.com Reveals Updated Traffic Claims in Blog

Realtor.com has reported strong growth in traffic, engagement, and search visibility on a new blog post, citing recent data from...

Read More

Editor's Pick