Podcast with CEO of thesqua.re Sid Narang and CEO of Crowd2fund Chris Hancock discussed debt-based crowdfunding.
One of its recent deals involved Thesqua.re, a London-based serviced apartments provider, which raised financing in early January, from 15 high-profile retail investors via platform Crowd2Fund, raising $2m in total.
Thesqua.re offers luxury serviced apartments for corporate clients, providing standard four-star hotel accommodation for a fraction of the cost and with the comforts of a home.
This week thesqua.re, highly-commended at the ASAP Awards in December, announced it has closed an investment round of $2 million from Crowd2Fund Bank.
Property investor Sid Narang has secured an investment of $2m (£1.36m) for his serviced apartment firm Thesqua.re through a mixture of crowdfunding and bank finance.
The campaign closed with 17 high profile investors, making thesqua.re the first UK serviced apartments provider to secure investment through crowdfunding.
Serviced apartments provider thesqua.re has closed a successful investment round of $2 million from London based Fintech company Crowd2Fund Bank.
After crossing $10m sales run rate last year, Sid’s rebranding his company, negotiating a multi-million pound investment round by way of crowd funding, bank debt and innovation grants, and launching a peer-to-peer digital real estate investments business.
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An alternative to traditional hotels, serviced apartments often called as aparthotels reduce the travel cost without compromising the convenience and well-being of travellers.
Serviced apartment provider House of Moli has launched a crowdfunding campaign in the hope of securing between £250,000 and £500,000 to grow the business and rebrand.
House of MoLi, an established corporate accommodation provider offering serviced apartments for mid to long term stays, is seeking a £250-500k loan on Crowd2Fund.com to grow the business, acquire more apartments for their clients and to invest in new technologies.
London-based serviced apartment provider House of Moli has rebranded itself as Thesqua.re Serviced Apartments and has launched a crowdfunding drive to help its expansion.
Corporate serviced apartment provider House of Moli has launched a campaign to crowdfund £250- £500 to expand its business and rebrand as the Thesqua.re Serviced Apartments.
MoLi, soon to be rebranded as thesqua.re, targets corporate accommodations for travellers staying more than a few days.