ARA-backed Minterest sells out first real estate investment product in 11 minutes. Minterest will process loan applications on behalf of the SME Help Fund and disburse funds to approved applicants. You invest, Minterest handles the rest. In particular, we do not provide any form of investment advice or recommendation to any person. Mar 26, 2020 Technology is an important enabler, however, understanding the fundamentals of finance is equally critical to create a functional algorithm, says Minterest. A Return To Basics: Real Estate Operations Aren’t “Physical Social Networks” Minterest Private Limited is incorporated in Singapore with registration no. We make no representation or warranty (express or implied) as to the accuracy, completeness or quality of any information on this website. May 18, 2020. ARA-backed Minterest sells out first real estate investment product in 11 minutes. THE first real estate investment product launched by crowdfunding platform Minterest was snapped up in 11 minutes by yield-hungry investors, majority stakeholder ARA Asset Management said on Monday. ARA-backed Minterest Sells Out First Real Estate Product. THE first real estate investment product launched by crowdfunding platform Minterest was snapped up in 11 minutes by yield-hungry investors, majority stakeholder ARA Asset Management said on Monday. Backed by ARA and regulated by the Monetary Authority of Singapore, Minterest aims to bring financing to businesses that have constantly been constrained by various requirements of conventional finance providers. Proportional Takeover Offer for Cromwell Property Group. Sign up for a Borrower account on the Minterest Platform. 201607263W and holds a Capital Markets Services licence (CMS100573-2) issued by the Monetary Authority of Singapore (“MAS”) to deal in securities under the Securities and Futures Act, Cap 289 (“SFA”). All fundings arranged via our Platform, unless expressly stated, are made under the “small offers exemption” as prescribed under section 272A, “private placement exemption” as prescribed under section 272B, or “accredited investors and other certain persons exemption” as prescribed under section 275 of the SFA and is not made in or accompanied by a prospectus that is registered by the Monetary Authority of Singapore. Minterest, backed by ARA and Mr John Lim, will be launching the first real estate secured mezzanine debt financing product in the coming weeks, by way of -investment co with Straits Real Estate (SRE). This is ARA’s entry into the fintech sector and is part of the group’s wider ambitions in the global real estate credit business. Quantitative data derived from governmental and third party independent sources is embedded into our assessment. This first deal was fully subscribed in just 11 minutes after launch! FY2019 Audited Financials. Proportional Takeover Offer for Cromwell Property Group. May 18, 2020 Our assessment includes both quantitative and qualitative factors, for example: management’s years of experience in the industry, number of years operating as a business owner, guarantors’ credit bureau reports as well as the management’s ability to react to various scenarios beyond their control. ARA-backed Minterest sells out first real estate investment product in 11 minutes. The S$8 million fund will assist Singapore SMEs with short term loans during this difficult COVID-19 outbreak. Approved funding requests are launched on the Minterest platform. Recognised as Asia Pacific's Top 25 Fintech Company by APAC CIO Outlook, Minterest is an online marketplace lending platform backed by ARA Asset Management. Minterest Private Limited is incorporated in Singapore with registration no. Minterest provides customized financing solutions for borrowers, and has raised more than $88 million for SMEs since 2017. On May 15, Minterest – backed by ARA and Mr Lim – will launch its inaugural real estate secured mezzanine debt financing product, by way of co-investment with Straits Real Estate (SRE). Minterest Review 2021. Each funding request is assigned a MintGrade rating and a unique interest rate based on its credit quality. Jul 01, 2020. These include both historical and forward-looking information. Minterest has launched its very first real estate short term fixed income facility, backed by a secured mezzanine debt financing product, by way of co-investment with Straits Real Estate (SRE). The short-term, […] Minterest Private Limited is incorporated in Singapore with registration no. Jun 23, 2020. Minterest is an online, peer-to-peer lending platform which connects corporate borrowers with investors. All data available on this website is strictly for information purposes only and should not be regarded as an offer, solicitation, invitation, advice or recommendation on our part to buy or sell any securities or other capital markets product or financial services. We do not and will not perform any other activity that is regulated under any applicable Singapore law. We are immensely grateful for the huge amount of support and trust that our Investors have in Minterest. 1 Raffles Boulevard, Crescent 1, Level 2 Suntec City, Singapore 039593. ‘ARA Minterest’ is a trading name of Minterest Private Limited. Minterest Private Limited is incorporated in Singapore with registration no. May 29, 2020. SRE, which is co-owned by Straits and Mr John Lim, invests in real estate related investment opportunities in Asia Pacific. ARA Venn Funds 250 Million Pounds Across 6 Loans in the Second Quarter Under the 3.5 Billion Pound PRS Government Guarantee Scheme. May 29, 2020. Minterest is honoured to be facilitating this worthy initiative -a SME Help Fund set up by ARA, Straits and JLFO. Established in 2016, Minterest is a Singapore-based fintech company with licences to provide both corporate and personal loans. Jun 29, 2020. An award-winning business, the Minterest Group is backed by the ARA Group and Mr. John Lim (via JL Family Office) who are its majority shareholders. ARA Asset Management chief executive officer (CEO) John Lim's family office, JL Family Office, and the group's property management arm have jointly acquired a 52.08 per cent stake in crowdfunding platform Minterest for an undisclosed sum. On May 15, Minterest - backed by ARA and Mr Lim - will launch its inaugural real estate secured mezzanine debt financing product, by way of … ARA Announces Changes In Shareholdings. Commercial Real Estate Financing Solutions. All data available on this website is strictly for information purposes only and should not be regarded as an offer, solicitation, invitation, advice or recommendation on our part to buy or sell any securities or other capital markets product or financial services. Our model focuses on free cash flow, earnings, capital structure and leverage of the borrower. Historical financial profile is an important indicator of how well a borrower has performed in the past, and track record often provides a useful indication of how a borrower could perform in the future. 201607263W and holds a Capital Markets Services licence (CMS100573) issued by the Monetary Authority of Singapore (“MAS”) to deal in securities under the Securities and Futures Act, Cap 289 (“SFA”). Investors can view full details of each investment opportunity and start investing. We do not and will not perform any other activity that is regulated under any applicable Singapore law. ARA's Crowdfunding Platform Minterest's First Real Estate Product Snapped up within 11 minutes. 201607263W and holds a Capital Markets Services licence (CMS100573) issued by the Monetary Authority of Singapore (“MAS”) to deal in securities under the Securities and Futures Act, Cap 289 (“SFA”). An award-winning business, the Minterest Group is backed by the ARA Group and Mr. John Lim (via JL Family Office) who are its majority shareholders. By using this website, you agree to be bound by our Website Terms of Use. Minterest Private Limited is incorporated in Singapore with registration no. We make no representation or warranty (express or implied) as to the accuracy, completeness or quality of any information on this website. ARA-backed crowdfunding platform Minterest raises S$2.7m 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. ARA Makes Foray Into Fintech via Acquisition Of Crowdfunding Platform Minterest. ... the ARA Group and Straits RE. Macro-economic factors may play a part in the success or failure of a business and affect a borrower’s ability to generate sufficient cash flow to service its debts. All fundings arranged via our Platform, unless expressly stated, are made under the “small offers exemption” as prescribed under section 272A, “private placement exemption” as prescribed under section 272B, or “accredited investors and other certain persons exemption” as prescribed under section 275 of the SFA and is not made in or accompanied by a prospectus that is registered by the Monetary Authority of Singapore. ARA Announces Changes In Shareholdings. Our team carefully reviews each application. Singapore-based ARA Asset Management has partnered with Minterest to launch a property investment platform for yield hungry investors. Sign up for an Investor account on the Minterest Platform. 201607263W and holds a Capital Markets Services licence (CMS100573) issued by the Monetary Authority of Singapore (“MAS”) to deal in securities under the Securities and Futures Act, Cap 289 (“SFA”). Corporate governance is also an important aspect in our analysis. May 18, 2020 ARA-backed Minterest Sells Out First Real Estate Product. ARA CEO Mr Lim's family office and the group's property management arm jointly acquired a 52.08 per cent stake in Minterest for an undisclosed sum earlier this month. We typically use at least two years’ of historical financial information in our analysis. Users of this website are advised to seek independent financial, tax and legal advice or make such independent investigations as appropriate in connection with their use of this website. The funds will be invested in the ARA-Shinyoung REIT, owner of a mixed use residential retail property in Seoul’s Dongdaemun shopping district. Approved funding requests are made available on the Minterest platform. Ms Charis Liau, group CEO of Minterest, said the investment from ARA and Mr Lim is a “great boost” to the fintech firm. Team Bio Charis Liau, CFA ... him to design solutions that match borrowers' and investors' needs. With a strong board comprising of a group of highly esteemed and successful industry veterans, Minterest brings unparalleled finance, real estate and investment experience to our platform The move was ARA's first entry into the fintech sector and part of its wider ambitions in the global real estate credit business. In particular, we do not provide any form of investment advice or recommendation to any person. All Rights Reserved. 201607263W and holds a Capital Markets Services licence (CMS100573) issued by the Monetary Authority of Singapore (“MAS”) to deal in securities under the Securities and Futures Act, Cap 289 (“SFA”). We do not and will not perform any other activity that is regulated under any applicable Singapore law. By providing my information, I agree to receive news and marketing content from Minterest by email. Proptech Metrics Could Change The Future Of Financial Analysis. Tap into promising credit investment opportunities through our innovative products and structures. By using this website, you agree to be bound by our Website Terms of Use. BT is now on Telegram! All data available on this website is strictly for information purposes only and should not be regarded as an offer, solicitation, invitation, advice or recommendation on our part to buy or sell any securities or other capital markets product or financial services. THE first public tranche of the debut property investment product launched by crowdfunding platform Minterest was snapped up in 11 minutes by yield-hungry investors, the crowdfunding platform's new majority shareholder ARA Asset Management said on Monday. ARA-Backed Minterest Crowdfunds Despite Pandemic. Once an Investor’s account is verified, funds can be transferred to the Minterest e-wallet. ARA-Backed Minterest Crowdfunds Despite Pandemic. ARA-backed Minterest Accelerates Its Product Time to Market Due To Strong Investor Demand. May 29, 2020. The Minterest Group is an online financial services solutions provider to borrowers and international investors. Leading Digital Investment Platform - Unlocking institutional-grade real estate and corporate investment opportunities, 1 Raffles Boulevard, Crescent 1, Level 2 Suntec City, Singapore 039593. ‘ARA Minterest’ is a trading name of Minterest Private Limited. ARA-backed Minterest sells out first real estate investment product in 11 minutes THE first real estate investment product launched by crowdfunding platform Minterest was snapped up in 11 minutes by yield-hungry investors,... 06 May 5:50 AM ARA, John Lim's family office venture into fintech with Minterest stake All Rights Reserved. We make no representation or warranty (express or implied) as to the accuracy, completeness or quality of any information on this website. This first deal was fully subscribed in just 11 minutes after launch! About 88% of deals on the platform are funded in a day, and it is backed by ARA Asset Management, a leading Asia Pacific real estate fund manager. ARA-backed Minterest Accelerates Its Product Time to Market Due To Strong Investor Demand. To date, it has originated loans of over $85 million in the Republic. SINGAPORE (May 5): In a bid to update its operations for an era of technological disruption, ARA Asset Management Limited and its group CEO, John Lim, have jointly acquired a majority stake in Minterest, a Singapore-based online crowdfunding platform. The final S$500,000 public tranche was snapped up … Jun 23, 2020. The availability of legally perfected collateral offers an additional layer of security to the lenders. Properly structured loans go a long way to ensure repayment risks are mitigated. By using this website, you agree to be bound by our Website Terms of Use. The short-term fixed income product is backed by the secured mezzanine debt financing of a AUD 440m ($283m) residential development project in Melbourne’s central business district. Minterest is pleased to announce that ARA Asset Management has, together with Mr. John Lim jointly acquired a majority stake in Minterest Group. I understand that I can unsubscribe from these promotional emails at any time. ARA-backed Minterest Sells Out First Real Estate Product. May 26, 2020. All fundings arranged via our Platform, unless expressly stated, are made under the “small offers exemption” as prescribed under section 272A, “private placement exemption” as prescribed under section 272B, or “accredited investors and other certain persons exemption” as prescribed under section 275 of the SFA and is not made in or accompanied by a prospectus that is registered by the Monetary Authority of Singapore. We make no representation or warranty (express or implied) as to the accuracy, completeness or quality of any information on this website. ARA is a leading Asia Pacific real assets fund manager with a global reach and gross assets under management of S$88 billion. On May 15, Minterest – backed by ARA Asset Management and ARA's chief executive officer John Lim (pictured) – will launch its inaugural real estate secured mezzanine debt financing product, by way of co-investment with Straits Real Estate. ARA Announces Changes In Shareholdings. May 05, 2020. Users of this website are advised to seek independent financial, tax and legal advice or make such independent investigations as appropriate in connection with their use of this website. Users of this website are advised to seek independent financial, tax and legal advice or make such independent investigations as appropriate in connection with their use of this website. I. n particular, we do not provide any form of investment advice or recommendation to any person. Please log in or subscribe to continue reading. All fundings arranged via our Platform, unless expressly stated, are made under the “small offers exemption” as prescribed under section 272A, “private placement exemption” as prescribed under section 272B, or “accredited investors and other certain persons exemption” as prescribed under section 275 of the SFA and is not made in or accompanied by a prospectus that is registered by the Monetary Authority of Singapore. Market positioning and industry outlook are also taken into account. INTERVIEW: ARA-Backed Minterest Crowdfunds Despite Pandemic (Magazine) Technology is an important enabler, however, understanding the fundamentals of finance is equally critical to create a functional algorithm, says Minterest. Data’s Evolving Role In Real Estate Investing. Read more at The Business Times. Users of this website are advised to seek independent financial, tax and legal advice or make such independent investigations as appropriate in connection with their use of this website. Backed by ARA Group, Minterest brings institutional-grade real estate investments, SME loans and invoice financing to investors and borrowers. We do not and will not perform any other activity that is regulated under any applicable Singapore law. Estate investors and borrowers, funds can be transferred to the lenders Crowdfunding platform Minterest 's first entry the! 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