EstateGuru expands into Germany with Raisin DS

EstateGuru has announced that it is partnering with Raisin DS. With this partnership, the real estate crowdfunding platform will expand into the German market. It expects that it will finance up to 215 million euros worth of loans in 2022 in Germany alone.

The real estate crowdfunding platform from Estonia, EstateGuru, has grown quickly in the last couple of years. In 2019, it had funded 100 million euros in loans in total. In January this year, it announced that it had hit the mark of 500 million euros funded in loans in total.

Already 25.000 investors in Germany

This week, the platform announced that it will be tapping into Raisin DS’ banking-as-a-service software in order to expand in Germany. A majority of EstateGuru’s investor community is already situated in the country. According to earlier reports of the platform, no less than 25.024 investors are German.

‘At least 75.1 million euros in loans were funded by German investors in 2021.’

In 2021, the platform already launched several campaigns in Germany. In the course of that year, at least 75.1 million euros in loans were funded within the country.

€215 million funded in 2022 in Germany

With its new fronting service partner, EstateGuru expects that it will be able to finance 215 million euros worth of loans in Germany this year alone. “Germans seem to be passionate about the secured lending product. During campaigns on the Seedrs platform in 2020 and 2021, the biggest number of our equity investors were from Germany, and the German retail investor community was also the fastest growing group long before Germany was in the pipeline. As Germany has the biggest real estate market in Europe, we see plenty of room there for providing flexible alternative financing opportunities to SMEs”, says Marek Pärtel, co-founder and chair of EstateGuru.

Launch in 4 other markets

The platform has opened an office in Berlin where it will handle the loans it is planning to finance. In addition to this expansion, the company is already thinking about other markets within Europe. Launches in the UK, the Netherlands, Italy and France are expected during this and next year. “We are confident that Germany will be our biggest market.”