The Hamburg-based companies Exporo and Zinsland have announced plans to merge allowing them to open up the property market to even more investors, a press release said Wednesday (October 2, 2019). Both companies are in the top league of digital property investment and finance deals with money from small investors. Their new digital platform Caladio accounts for a market share of some 85 per cent in property crowd investing with Exporo providing the lion’s share. The platform will cover finance structuring and ongoing reporting for both project developers and banks. Zinsland’s investors will continue to be supported via Caladio.
Transparent access to property
“The merger is the logical next step for both sides. Five years ago, we launched in Hamburg as neighbours with the same vision. Now we want to pool our resources and look forward to benefiting from each other’s experience and strengths,” said Carl von Stechow, founder of Zinsland. The merger brings the joint workforce to 191 employees: “Together we are one step closer to our vision of one million European digital property investors and we will now work together to make property simple, transparent and digitally accessible to everyone,” said Simon Brunke, CEO and co-founder of Exporo. In June, the company raised a record EUR 43 million in a round of financing.