Business Daily Media

Men's Weekly

.

FinTech Startup PropCap Poised to Alternative for Professional Investors with Asia’s First AI-Powered Mortgage Match-Lending Platform

HONG KONG SAR - Media OutReach - 18 August 2022 - PropCap Technologies Limited (PropCap), an award-winning FinTech startup incubated by Cyberport Hong Kong, today announced its strategic expansion plan to Japan, Australia and the Greater Bay Area (GBA) of China, further strengthening its bridging role in the global property investment business for overseas property buyers (buyers) and mortgage funders.

The company is also having an active promotion of mortgage funder's role with a growing number of investors whose appetite for more diversified investment models is on the rise.


Founded in 2019 by a team of veterans from the investment banking, IT and legal industries, PropCap is the first cross-border mortgage match-lending platform in Asia.

In the UK, Japan and Australia, the traditionally popular destinations for real estate investments, PropCap is expanding its reach of mortgage funders while helping overseas property buyers who face obstacles in mortgage applications.

The company enables easier and smarter global property mortgages for buyers, while offering favourable investment alternatives for professional investors (mortgage funders verified by PropCap) who seek to diversify their portfolios with more stable and relatively higher returns at a lower risk, enabled by its AI-powered lending and analytics platform. The birth of PropCap well fills the gap under the backdrop of a slowing global economy and political turmoils, where investors are eagerly navigating their ways to best allocate funds for more stable returns with lowered risks.

Securities of Mortgage Funders

To date, PropCap has processed a total of 15 cross-border mortgage deals valued over US$5 million for mortgage funders and borrowers since March 2021, when PropCap's product and technology innovation was officially finalised and introduced to the market. The average interest return for mortgage funders is 7.5% p.a., and the average return period is 21-month.

A growing number of professional investors start to eye on this alternative investment tool to become mortgage funders because of the relatively more stable property market condition, lower threshold than direct property investment, and higher returns than renting. In addition, PropCap lowers the risk for mortgage funders with its collateral policy and stringent compliance standard in multiple jurisdictions, as well as its innovative technology that offers transparent know your customer (KYC) procedures and real-time property valuation. PropCap also works closely with an extensive overseas partner network to ensure first-hand local insights and smooth project delivery, ranging from solicitor firms such as Healys LLP and Carter Lemon Camerons LLP, property agencies such as CBRE, to letting agencies like Complete RPI.

Future Market Expansion

Neo Cheung, Co-founder and CEO of PropCap, shares his views about the company's strategic expansion plan, "PropCap selects and targets operating markets geostrategically. We have built solid grounds of mortgage financing solutions for borrowers who invest in the UK and Japan property markets. The latest strategic expansion in Japan, development in local business, and initiation of mortgage markets exploration in Australia and the Greater Bay Area marks the company's maturing and strengthened two-way business model that is poised to broaden mortgage funders' investment alternatives."

Due to current epidemic, China's economic growth slowed and reduced investment return has impacted more Chinese investors to consider investing in overseas properties. PropCap aims to fulfils mortgage needs and become the preferred gateway for Chinese overseas property buyers.

In April 2022, PropCap successfully joined the Greater Bay Area Cross-border Data Mutual Recognition Platform, which is primarily operated by Nova Credit, a consumer credit bureau that connects consumers and lenders with data and analytics. Participation in the Platform enables PropCap to conduct more effective and trustworthy KYC procedures towards mainland Chinese customers.

Leading in Overseas Property Mortgage

Where PropCap is specialised in - a niche model that bridges and connects mortage funders and buyers, there is no direct or similar player readily available for the solutions and services provided by this FinTech startup who had recently been awarded the "Top 100 of Jumpstarter 2022" by Alibaba Entrepreneurs Fund, world's largest startup contest.

According to a recent paper jointly issued by the Alternative Investment Management Association and PwC, the growth of private credit globally presents a significant opportunity for Hong Kong. Furthermore, the city's proximity to mainland China and the increasing receptiveness from both regulators and traditional investors are important stimulus to technological innovation for the private credit sector, which will significantly accelerate PropCap's growth and global expansion.

Hashtag: #PropCap #HKStartUp #FinTech #AlternativeInvestment #OverseasPropertyMortgage

News from Asia

ANDPAD Launches Vietnamese Language Support for its Cloud-Based Construction Project Management Service

Expanding Multilingual Support for Global Users TOKYO, JAPAN - Media OutReach Newswire - 26 June 2025 - ANDPAD Inc. (Head Office: Chiyoda-ku, Tokyo; CEO: Takeo Inada; hereinafter ANDPAD), which op...

Changhong Unveils Smart Living Innovations at 2025 Jakarta Expo, Bringing AI-Driven Appliances to Indonesian Homes

Exclusive Shopee partnership brings cutting-edge smart living technology to Indonesian consumers JAKARTA, INDONESIA - Media OutReach Newswire - 24 June 2025 - Changhong, a global leader in smart ...

Malaysia Launches Full-Scale Startup ASEAN Platform To Drive Regional Growth

PUTRAJAYA, MALAYSIA - Media OutReach Newswire - 26 June 2025 - Malaysia today launched the Startup ASEAN platform, marking the full-scale rollout of a bold, unified digital gateway to connect and e...

Hong Kong Civil Claim Centre Launches Free Work Injury Compensation Calculator

HONG KONG SAR - Media OutReach Newswire - 26 June 2025 - The Hong Kong Civil Claim Centre (hkcivilclaim.com) has officially launched a brand-new online feature: the Work Injury Compensation Calcu...

Deleted

This Press release has been killed

SiegFund Transforms into SiegPath: A Strategic Rebrand Paving the Way for the Future of Professional Trading

HONG KONG SAR - Media OutReach Newswire - 24 June 2025 - SiegFund, a fintech–driven proprietary trading platform, has officially completed its brand upgrade and will now operate as SiegPath, serv...

Plaza 66’s Pavilion Extension Tops Out, Opening in Second Half of 2026

Expanding Retail Space by 13% to Boost the New Consumption Economy in Shanghai HONG KONG SAR & SHANGHAI, CHINA - Media OutReach Newswire - 26 June 2025 - Hang Lung Properties Limited (SEHK sto...

New EcoFood@Mandai Development Offers Tailored Food Factory Spaces in the North

SINGAPORE - Media OutReach Newswire - 26 June 2025 - A new food factory hub, EcoFood@Mandai, has officially launched in Singapore’s northern region, bringing purpose-built factory units to a wide ...

GREE Opens Singapore Office to Drive Asia-Pacific Expansion with World-Class Air Conditioning Technologies

SINGAPORE - Media OutReach Newswire - 26 June 2025 - Global electronics manufacturer GREE has officially launched its Singapore branch, marking a key milestone in its expansion in Southeast Asia. ...

HONMA Golf Announces Annual Results for FY2024/25

Continued Gross Profit Margin and Net Operating Cash Flow improvements albeit difficult market conditions HONG KONG SAR - Media OutReach Newswire - 26 June 2025 - HONMA Golf Limited ("HONMA"; tog...

Demand for Home Batteries surges as Federal Rebate Kicks In

A leading provider of energy solutions VoltX Energy has seen a 400% increase in demand for home batteries in the past three weeks as people put d...

Why Sport Remains the Safest Bet in an Uncertain World

When Rome was in crisis, its leaders did not retreat to the Senate. They went to the circus. To the chariot races. To the gladiators. Sport was no...

THE FINE LINE WITHIN HILARIOUS SIGNAGE DESIGN FAILS

It seems like design failures still occur in today’s modern branding era, despite rigorous rounds of approvals behind the scenes. One signage show...

Deputy Announces Exclusive Global Partnership with Predelo to Bring AI to Shift-Based Businesses

Deputy, the global people platform for shift-based businesses, has announced an exclusive partnership with Predelo, an AI Decision Agent-as-a-Serv...

Leftover Budget? The Last-Minute EOFY Tip to Drive Business Success in FY25/26

The countdown is on. With just days left until EOFY, now’s the time to make your remaining 2024–2025 budget work harder and smarter. After workin...

pay.com.au appoints new CEO and Managing Director

The former COO will lead the company’s next growth phase, with ex-CEO Edward Alder transitioning into the role of Managing Director AUSTRALIA, 25...

Sell by LayBy