FundPlaces, a blockchain-based real estate investment platform, has received a $2m investment from Global Yellow Pages.
Singapore-based FundPlaces is an online platform to help users discover, research and invest in real estate opportunities. The company utilises blockchain technology and helps consumers to build a portfolio starting at $1,000.
Through the platform, users can take part in development, financing or ownership of real estate projects around the world, including the UK, Australia and Germany.
With this a batch of funding, the company is hoping to develop its product and support its expansion in to new markets like New Zealand and Singapore.
At the end of 2017, UK-based CrowdProperty closed a crowdfunding campaign on Â£907,467, from the sale of 9.23 per cent equity. The company is a P2P lender that helps connect loans between private individuals and professional property businesses.
Late last year, Singaporeâ€™s FinTech market was very active, with anonymous account aggregation and analytics platform Canopy closing a $3.4m investment from Credit Suisse and Lionrock Capital.
Other recent activity in the country includes a funding round by employee benefit solution VENTENY.com, which raised $2.3m, and data analytics solution Iguazio opening its APAC regional headquarters in the country.
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