Proportunity: Raises £2 million

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Proportunity: Raises £2 million

Proportunity: UK-based fintech, raised a £2m in seed investments for its home equity lending platform

  • Investors included Anthemis, the fund behind eToro, and Axel Springer Digital Ventures
  • The startup says it’s the only help-to-buy challenger to date which has helped consumers actually own homes
  • They aim to help open the door of home ownership that has been slammed in the face of a whole generation
  • The firm authorised by the Financial Conduct Authority (FCA) last year
  • It also provides first-time buyers with an equity loan of up to 15% of a property’s value
  • The fintech also wants to use the investment to improve its analytics and grow its network