Manchester M15 4ZH
Loan Amount: GBP $210,000
Interest Rate: 9.00%
Wokingham RG40 1PE
Project Information CountryU.K.LocationWokingham RG40 1PELoan AmountGBP $400,000Interest Rate8.20%Tenor12 months
PropCap joins Nova Credit｜Expand into GBA
Propcap has joined the Greater Bay Area Cross-border Data Mutual Recognition Platform with Nova Credit successfully, which enables us to facilitate the KYC (Know Your Customer) process to the client from Mainland China in financing the overseas property.
Business Partnership Agreement signed between PropCap and BlackHills Consulting｜Expand into China Market
Through the business partnership, PropCap and BlackHills will leverage the resources and network from each other, and provide more diversified services to investors and customers who are interested in participating overseas and China’s property investment and operation.
A.I. Overseas Property Mortgage Matching Platform, HK Start-up, PropCap raises USD 1.5 million Series Pre-A round funding to Japan, Australia and China market expansion.
Propcap Technologies Limited (PropCap), a Hong Kong lending marketplace that specializes in overseas property mortgage matching platform, plans to complete the Series Pre-A round in the first half of the year. The upcoming capital raise is scheduled to kick off by April this year. Deal size could be up to USD 2m, at a target of USD 12m pre-money valuation, PropCap has reached a price tag of USD 8.5m after securing USD 506,000 in the second tranche in October 2021. The funding will be used for business expansion in the U.K, setting up a subsidiary and acquiring for the money lending license in Japan, expanding market entry into the Greater Bay Area (Mainland China) and Australia.
