Details

Last Funding Type

Seed

Industries

Banking,Financial Services,Real Estate

Founded date

Jan 1, 2015

Number Of Employee

1 - 10

Operating Status

Active

Expansive is a real estate collective funding platform, or real estate crowdfunding, that brings together investors and real estate developers so that the two parties get a better alternative to those currently existing in the market. Investors can invest in residential and commercial real estate developments previously reviewed and filtered by their team with amounts from $ 15,000 pesos.

They select developers with proven experience and experience in order to confirm that they can meet the criteria of Expansive and after a process of verification and Due Diligence they decide which projects they accept and make accessible to their registered users. Once an opportunity is selected, detailed project information and legal documents containing "risk factors" are included, which investors must review carefully before deciding to invest through Expansive. Once an investor decides to invest, it is funded to a concentrating account, the campaign is closed and once the amount is raised, it is transferred to the developer's account.