PROPERTY MOOSE FURTHERS GROWTH WITH £440,000 OF EQUITY FUNDING

Darren Schindler, joins the team as Executive Chairman

After significant growth over the last year, property crowdfunding specialist, Property Moose, has secured a further £440,000 of equity funding from a syndicate led by The North West Fund for Digital & Creative, bringing the total raised to date to almost £1 million. This funding is expected to strengthen further growth for the company; to be invested specifically in marketing and technological innovation with the aim of refining the company’s digital platform to perfect the user-experience.

Property Moose, based in Liverpool, with offices in both London and Liverpool, is one of the UK’s leading property crowdfunding platforms, allowing members to invest in residential property from £10. The site has already concluded a wide range of crowd-funded property acquisitions located in key buy-to-let areas around the country, giving people the chance to diversify their investment portfolio.

Darren Schindler has become Executive Chairman and participated in the fundraise. Darren was previously Managing Director of Business & Commercial Banking at Metro Bank and has also held senior roles at Barclays Bank and HBOS, as well as being operationally involved in earlier stage businesses including a property-focused lending business.

Darren’s role will focus on sustaining Property Moose’s momentum and building its reputation in the alternative asset class with a strong fintech platform.

Property Moose founder, and Managing Director, Andrew Gardiner commented, “We are really pleased to have Darren on board as Executive Chair, and with his wealth of experience as a driven business leader, we look to continue our fast-paced innovation and development. Darren’s joining coincides with a growth in the core team which should underpin our accelerated growth in the Crowdfunding Industry.”

Darren Schindler commented, “Property Moose is continuing to raise funds as the business expands and we hope to develop our property portfolio further. This is a growing industry and people are constantly looking for investment alternatives that they can control, which I am confident that we are offering. We have aggressive growth plans and I am delighted to be involved in the company to strengthen its position as one of the leaders within the property crowdfunding space.”

Risk warning: Investing in property involves risks, including illiquidity (the inability to sell assets quickly or without substantial loss in value), lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. There is no secondary market available meaning that these securities are illiquid. Your capital is at risk. Past performance and forecasts are not indicative of future performance. This press release has been approved as a financial promotion by Resolution Compliance Limited.

Property Moose is a trading name of Crowd Fin Limited which is an Appointed Representative of Resolution Compliance Limited which is authorised and regulated by the Financial Conduct Authority (no: 574048).