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Investment
September 2019 www.intellinews.com I Page 13
time for better things in life, creates new business opportunities and provides employment to hundreds of thousands of people. We are already the market leader by number of countries of operation and we are preparing our technology, operations, and sales for exponential growth ahead,” continues Alexandrovski.
Dostavista is the global crowd-sourced same-day delivery service. Dostavista enables delivery in 90 minutes or precisely on time, via any route, any
Estonia-based EstateGuru to carve out up to €5bn of expanding alternative real estate financing market
Estonia-based EstateGuru has ambitious plans
to take a share of between €3bn and €5bn of the European alternative real estate financing market, which it forecasts will top the €75bn mark by 2025.
EstateGuru is a peer-to-peer (P2P) lending platform that is currently active in six European markets — Estonia, Latvia, Lithuania, Finland, Spain and Portugal — and plans to launch in Finland by the end of the year.
Marek Pärtel, EstateGuru co-founder and partner, believes there is huge growth ahead for the digital real estate financing market.
"Real estate financing by different digital platforms will increase to €75.6bn by 2025. In 2016 the
transport, any weight or size, for a competitive price. Their algorithms optimize numerous parallel deliveries taking into account the geographical routes, packages’ contents, couriers and many others to ensure the feasibility of the same-day delivery. The services are available in 11 countries and are used by customers ranging from individuals to Fortune 500 companies.
For more information please visit https://dostavista.global.
amount was €2.85bn. EstateGuru's ambition is to take at least €3-5 billion of this expected amount,” Pärtel said according to a press release from the company.
"We are going to put Estonia on the map of innovative banking and finance again ... we’ve got the ambition and drive to carry out our mission and change the European real estate market and the way its financing works,” Pärtel added.
EstateGuru reported a 49.2% y/y growth in the number of new loans via the platform in the first half of this year, to €33.8mn. Overall, it has over 27,000 investors from 106 countries all over the world.