Hamburg startup Exporo secures EUR 43 million
The Hamburg-based fintech start-up Exporo, which hosts a digital platform for property investments, has secured EUR 43 million in its latest round of financing. The new lead investor Partech and the previous investors e.ventures, Heartcore and HV Holtzbrinck Ventures took part in the financing round.
International expansion planned
The funds will go towards strengthening Exporo’s leading market position in digital property investments across Germany. Plans are also being laid for international expansion with emphasis on neighbouring European countries. The exporo.de platform will also add new offers such as a portfolio builder or a trading platform in real time.
Upheaval in property sector
“We want to change the way you invest in property,” said Simon Brunke, CEO of Exporo AG. This includes digitalisation and accessibility for small investors. The new lead investor, Partech, believes the fintech has the right mix of technology, regulation and property expertise to drive upheaval in the sector. Bruno Crémel, General Partner at Partech Growth, noted: “Many have tried to revolutionize it from different directions, but very few have managed to combine all the important success factors in this area. We look forward to supporting the team over the coming years.”