Crowd Mortgage Raises £50K via CrowdCube
Summary
Crowd Mortgage Limited, a Liverpool, UK-based peer to peer property finance platform, raised £50k in equity crowdfunding.53 backers acquires a 20% stake via CrowdCube.The company intends to use the funds to develop its web platform.Led by Founder by CEO Luke Barnes and Marketing Director Dean Scott, Crowd Mortgage is developing a crowdfunding platform for people to raise finance to purchase, renovate and develop property.The project aims to open up property finance to a range of clients – regardless of credit ratings, deposits available or property type – whether they are looking to purchase their first house, renovate an old building, or looking to build a house from scratch.
Funding
Amount
$75.1K
Total raised
Date
March 10, 2013
Announcement date
Investors
Crowdcube
Lead investors
Company
https://www.crowdcube.com
Funded company
Classifications
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applications
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