Proportunity Fintech start-up aims to attract 300.000 EUR on SeedBlink

Proportunity is now evaluated at 42M EUR

Proportunity aims to attract 300.000 EUR on SeedBlink. The financing round is supported by Venture Friends and Kibo Ventures, with an input of 1.17 M EUR each.

The funding will be used to double the marketing impact and launch two new products this year, Rent to Buy and 0% deposit.

Proportunity platform combines machine learning and finance to disrupt the traditional borrowing system in UK.

The company already financed over 117M EUR in property purchases since 2018, with 200% year-on-year increase in new customers.

The company was founded in 2018 by Vadim Toader, +10 years of experience in Fintech and Financial Services, and Ștefan Boronea, +10 years of experience in AI.

With a current focus on the UK territory, which has a total addressable market of 1.1 Trillion EUR, the startup plans to target the US and Core Europe Residential Property Markets by 2025.

The company registered a 6.4% portfolio growth in the last three years, in a market that grew by 3.2%.

In the first months of 2022, the startup financed almost 47M EUR of property purchases, a 152% improvement on the same period last year.

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