EstateGuru has grown rapidly since 2014, and besides the Baltics, now has operations in both Spain and Portugal. EstateGuru has a crowdfunding licence in the UK and Lithuania, and by the end of this year, will hopefully add Finland to that list. The company is in the process of entering the Finnish market and has applied for an official crowdfunding licence to be fully compliant in the country. Until the European Central Bank regulates the crowdfunding market, EstateGuru will proceed with acquiring local licenses in each of its operating markets.
“We’ve tested the market and witnessed that Finland is ready for our product. Investors are looking for good yields just as they are globally, and SMEs lack access to capital. So far, we’ve financed some loans in Finland via our international platform and seen that investors’ interest towards the Finnish market is high and that confidence in the Finnish real estate market is solid”, commented Mihkel Roosme, Head of Business Development at EstateGuru. “I’m also very happy that we managed to find the perfect candidate for our country head in Finland. Once we receive the license, we will fully launch our operations, and I believe that this step will enliven the real estate market in Finland”, added Roosme.
“I couldn’t have found a better place to employ my competences and experience further,” added Matti Vansen, Country Head of EstateGuru in Finland. “EstateGuru has a solid ambition level which is internationally focussed and a very experienced and inspirational team. I love growth and disruptive ideas. I’m more than ready to contribute to a success story that will revolutionize the property finance space in Europe by making it more efficient and transparent.”
EstateGuru’s booth at Sijoitus Invest is 5e11. Mihkel Roosme, Head of Business Development at EstateGuru will make a keynote speech on November 26 at 13:45 at Pörssilava with the topic “How fintechs are disrupting the alternative property finance industry”.