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Showing posts with the label Propnology.co.uk FCA crowdfunding startup to launch Monday 19 October 2015

Propnology.co.uk FCA crowdfunding startup to launch Monday 19 October 2015

A new property crowdfunding platform is preparing for launch, having been awarded full authorisation from the Financial Conduct Authority (FCA), the industry’s governing body. Propnology.co.uk aims to change the future of property investment by removing the barriers to entry, traditionally associated with buy-to-let, while simultaneously using technology to deliver an innovative, fully automated, online experience. Owen Angel, Co-Founder, said, “after a 9-month application process with the FCA, we are excited to be one of the first property crowdfunding platforms in the UK to be granted full authorisation. We believe this will give our investors an increased level of confidence in this emerging sector.” Propnology has taken a different approach to its competitors, choosing to steer away from self-sourcing or renovating properties within limited geographical areas, by building a network of professional partnerships to introduce attractive property investment opportunities to th...