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ARA ventures into Fintech with Minterest acquisition

Ng Qi Siang
Ng Qi Siang5/5/2020 12:37 PM GMT+08  • 4 min read
ARA ventures into Fintech with Minterest acquisition
ARA and Minterest will launch their first real estate secured mezzanine debt financing product on 15 May in a co-investment with Straits Real Estate.
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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.

“As a progressive real assets fund manager, ARA sees vast potential in the use of technology in real estate. By combining the Group’s strong track record and experience in underwriting real estate deals with Minterest’s robust crowdfunding platform, we are able to bring quality institutional-grade real estate investment opportunities to everyone,” said Lim.

“Investors can rest assured that the deals presented to them are endorsed by a reputable fund manager. We looked at a wide range of different potential partners and chose Minterest because they are the best,” he added.

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