Kameo raises £1.1mn investment from Incore Invest for property lending platform growth.
In brief:
- The investment comprises a substantial £1.1mn contribution from Incore Invest, reflecting a deep confidence in Kameo’s innovative lending approach.
- Kameo’s platform stands out by providing a user-friendly interface that allows private individuals, companies, and institutions to invest directly in loans for property projects.
- The company plans to use the new funding to enhance its platform and expand its services, aiming to democratise access to investment in secured real estate loans further.
What does this mean?
Kameo CEO and Co-Founder Sebastian Martens Harung said, “Incore Invest is an ideal match for Kameo. We are excited about the prospect of collaborating with the company to further accelerate Kameo’s growth, bolstered by its expert leadership team and demonstrated track record of successfully scaling up prominent FinTechs. The inclusion of Nicolai Chamizo on our board will be a vital asset as we approach this important phase of our development and gives us even greater support to continue navigating a sector in flux.”