ShareIn Targets Property Market
ShareIn , the fast growing Edinburgh-based software provider, has announced a surge of enquiries from property specialists seeking to raise capital online.
Formed in 2011 by founders Jude Cook and Andrew Pickett, ShareIn builds online investment platforms for companies using financially compliant software services. It provides the technology, expertise and regulation to link a network of investors to fund projects.
Throughout 2017, ShareIn has noted an increase in the number of new initiatives coming from property developers and investment managers, fuelled by a need to streamline existing paper driven methods and a desire to open up investments to a wider audience.
Jude Cook, CEO and Co-founder of ShareIn said:
“Property developers and investment managers have a pipeline of projects and a need to raise capital quickly and simply from established and new investors. In relying on traditional capital raising routes they fear being left behind by new technology. At the same time UK investors are looking for new investment opportunities and are comfortable investing online.
ShareIn gets them together and eliminates the challenge, cost and time associated with setting up and maintaining their own investment platform. We connect organisations with their network swiftly to raise target capital and get deals done.
Our platform handles each step in the investment process from listing opportunities to paying returns and ensures compliance with the UK regulator, The Financial Conduct Authority. Having their own platform enables property specialists to focus on the important matter of sourcing attractive deals and building their network”.
To date, ShareIn has supported a wide range of capital raising initiatives from medical, sports, utilities and energy sectors. It is the software platform of choice for many new capital raising initiatives in the UK, many of which have become Appointed Representatives of ShareIn using their regulatory umbrella services. This includes Simple Equity, which raised £1.6 million pounds in 17 minutes on their London based property crowdfunding platform in June 2017.
ShareIn is one of the founding members of the UK Crowdfunding Association and is headquartered in Edinburgh at Codebase, the UK’s largest technology incubator. It has experienced significant growth since formation now employing 12 specialists with plans to recruit further