ASIAN PROPERTY EXPANSION – CROWDFUNDUP

Property crowdfuding platform CrowdfundUP has closed a $2.1 million capital raise to build its team and grow its market presence locally and in China.
The investment in CrowdfundUP has been led by Positive Investment Enterprise, which has a focus on property development, venture capital and funds management throughout Australia, China and the US.
CrowdfundUP founder and managing director, Jack Quigley, said the business would expand rapidly in the next year, with plans in place to establish its own fund as well, targeting a funding volume, underwriting fund we can be an alternative lending are all part of the plan.