March 02, 2022, ROTTERDAM - Max Property Group (MPG), the developer of international real estate crowdfunding platform Max Crowdfund, recently raised €4.25 million through an equity round. The capital raised will be used for the international expansion of Max Crowdfund. The platform has already experienced great growth in recent months and as the real estate crowdfunding market is still in its early stages, the future growth could be enormous.
Max Crowdfund is currently active in the Netherlands, Germany, Belgium, the United Kingdom and New Zealand. In addition, the company has signed contracts with Sweden and is already at an advanced stage in conversations with interested parties in South Africa and Australia. Max Crowdfund is currently applying for the European Crowdfunding Service Providers (ECSP) license and approval from the Financial Conduct Authority (FCA) in the United Kingdom, the Financial Markets Authority (FMA) in New Zealand and the Financial Security Authority (FSA) in Australia.
According to COO Anne Visser, there are ambitious plans: ''With our joint venture model we eventually want to launch the Max Crowdfund platform in every country where it is possible''.
With this goal in mind, the equity offering started in 2021. Just before the summer of 2021, €2,750,000 was raised from hundreds of investors in just two months. During the summer, the equity offering was temporarily halted to administer this overwhelming interest. After processing all applications, MPG reopened the equity offering. The final result was that 1,700,000 share certificates were sold to more than a thousand investors.
Max Crowdfund's global expansion will allow platform users to invest in real estate projects around the world. In this way, the fintech company wants to create opportunities for everyone.
