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.