During the first quarter of 2024, investors funded new real estate projects through the Estateguru crowdfunding platform totaling 20.6 million euros over three months. Of this amount, 11.9 million euros were invested using the automatic investment function. “Although nearly three thousand new investors joined in the quarter, the high proportion of automatic investments demonstrates the continued trust and loyalty of our existing investors,” commented Estateguru CEO Mihkel Stamm.
“Today, we see that the portfolio of loans issued last year is performing well. Out of the initial 99.4 million euros, 33.6 million has already been repaid,” said Stamm. Additionally, Estateguru reached a significant milestone in Latvia, where the volume of funded loans exceeded 100 million euros, with 75 million euros having been repaid to date.
Estateguru is the leading Pan-European marketplace facilitating property-backed loans for SMEs and carefully selected investment opportunities for our global investor base. We are developing a digital and borderless ecosystem for real estate financing and investing in Europe and beyond. By connecting different service providers, SMEs, and investors into a single marketplace, we offer something unique that other financial institutions cannot—a seamless, cross-border, and digital service for borrowers and investors. The team consists of over 78 professionals from 12 different nationalities, based in Helsinki, London, Tallinn (HQ), Riga, and Vilnius.
