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A.I. Overseas Property Mortgage Matching Platform, Hk Start-Up, Propcap Raises Usd 1.5 Million Series Pre-A Round Funding To Japan, Australia And China Market Expansion.

A.I. Overseas Property Mortgage Matching Platform, Hk Start-Up, Propcap Raises Usd 1.5 Million Series Pre-A Round Funding To Japan, Australia And China Market Expansion.

04/06/22, 8:00 AM
Money raised
$1.5 million
Round Type
seed
Propcap Technologies Limited (PropCap), a Hong Kong lending marketplace that specializes in overseas property mortgage matching platform, plans to complete the Series Pre-A round in the first half of the year.

Company Info

Company
Hk Start Up
Additional Info
Investor is playing a key roleVenture capitalists with a mandate in Reg-tech, Prop-tech or Financing investments are preferred, Louis Lee, Co-founder and CDO said, noting that the company hopes the new investor will play a key role to facilitate the business growth. The company has already received strong initial interest from a handful of potential investors, including London-headquartered property technology VC firm Pi Labs and Alibaba Hong Kong Entrepreneurs Fund, noting that PropCap is selected as Top 100 for Alibaba Entrepreneurs Fund JUMPSTARTER 2022. The company currently has four revenue streams, including transaction fees, annual membership fees, professional services referral fees and foreign exchange commission fees.