Propio, a UK-based property investment platform, has recently launched an equity crowdfunding campaign on Crowdcube to raise £300,000. Founded in 2016, and launched in 2017, Propio describes itself as a 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 recently revealed that its community has 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.
“Our goal is to become the UK’s biggest property-based ISA; making the experience of investing as straightforward as online shopping, bringing the old-school property finance industry into the digital age.”
Since its launch, the funding round has raised nearly £230,000 from more than 175 investors. It is set to close at the end of March.
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