Eyeing To Support First Time Home Buyers In Uk, Proportunity Raises Over £100M Equity Funding
10/20/21, 9:22 AM
Money raised
£100 million
Industry
software
Research shows that 85 percent of renters in the UK want to own their own home but are unable to do so due to high deposit requirements and rapidly increasing prices. This is where the UK Government’s Help to Buy scheme provides a solution for those purchasing new-build properties. However, it serves only 10 percent of FHBs and is set to end in April 2023.
Company Info
Additional Info
Eyes to help over 2,000 buyersThe new investment will enable Proportunity to grow its team and will go towards helping more than 2,000 individuals and families to buy their first home or progress up the property ladder. Proportunity was founded by Stefan Boronea and Vadim Toader. Proportunity is in the very attractive intersection between proptech and fintech, and contributes to generating positive impact in people by allowing first-time home buyers access to their dream homes.”