Estonia-based EstateGuru, the pan-European property investing and financing platform, announced it has now has funded €500 million in loans.
EstateGuru said it financed loans of €203 million in 2021 — a 69% increase on 2020.
The company, founded in Tallinn in 2013, funded its first loan in January 2014.
“The success of our business model and more than 110,000 investors who have joined our platform inspire and motivate us to consistently pursue our vision to make real estate financing and investing accessible to everyone,” said EstateGuru CEO Marek Pärtel.
“Reaching this significant milestone is the perfect start to 2022 and sets the tone for the year ahead.
“We will continue our ambitious growth path and aim to become the biggest real estate financing and investment platform in Europe by 2025.
“The timing couldn’t be better.
“We see the demand for alternative financing solutions grow throughout Europe and especially SME companies are looking for professional, reliable financing partners with expertise in the sector.”