Irish P2P property lender Property Bridges launches

by Startacus Admin

Property Bridges, Ireland's new peer to peer (P2P) lender to the property development marketplace, looks to link small building developers to ordinary investors.
Property Bridges, Ireland's new Peer to Peer lender to the Property Development marketplace, plans to re-energise the small development and construction industry in Ireland, by removing the monopoly of the banks, middle men, and ultra-wealthy individuals, turning to Irish citizens to provide the funds and investments for building and property projects to become funded.
The proptech startup will raise money for small developers, medium sized construction firms and private companies looking to develop housing and match them with thousands of lenders from the ordinary citizens of Ireland, with plans to lend across the country to 100 plus development projects, totaling over €100m in lending, with support of over 10,000 Irish citizens lending on the platform in the next 3 years.
Run by co-founders, David Jelly, Michael Fitzpatrick and Marc Rafferty, as well as several experienced property analysts and due diligence experts behind the scenes, Propery Bridges predicts the average loan size will be approx. €1.1M and lenders can lend into each loan from as little as €500 up to a maximum of €100,000 and will return on average approx. 8%+.
The founding team come with a wealth of experience.
David Jelly has over ten years’ experience in the finance sector in London and Ireland, supported by Michael Fitzpatrick with fifteen years involvement in property development finance also in Dublin and London while Marc Rafferty was one of the founding team and original investors in Ireland's biggest peer to peer business, Linkedfinance.com as well as another well-known business in Ireland, gocar.ie.
Co-founder David Jelly said:
"Globally there has been a huge shift to online investing but Ireland’s property market remains a traditional asset class that can be hard to access. We change that by allowing lenders to invest anywhere from as little as €500 to €100,000 in any one loan.
Whether you are a person with some savings sitting idle in an account or a high net worth individual looking to diversify your portfolio, Property Bridges provides a high yielding, secure alternative investment".
Interested in proptech? You might also want to read up on:
Wondrwall aims to give your smart home a brain
Six startups join Goldacre’s inaugural RElab accelerator programme
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...

Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.

Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.

Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.

SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.

41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.

Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.

Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future

A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated

Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 29th October 2018
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.







- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.