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ARA-backed crowdfunding platform Minterest raises S$2.7m

Investors snap up the public tranches from Minterest's maiden property investment product

Published Fri, May 29, 2020 · 09:50 PM

Singapore

CROWDFUNDING platform Minterest has raised S$2.7 million from its debut property investment product, Minterest and its majority shareholder ARA Asset Management said on Friday.

The final S$500,000 public tranche was snapped up within two minutes after it was launched on Thursday evening, while the first S$500,000 public tranche, launched on May 15, sold out in 11 minutes.

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