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. Ms Charis Liau, group CEO of Minterest, said the investment from ARA and Mr Lim is a “great boost” to the fintech firm. All Rights Reserved. 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. Minterest Private Limited is incorporated in Singapore with registration no. 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”). ... the ARA Group and Straits RE. Technology is an important enabler, however, understanding the fundamentals of finance is equally critical to create a functional algorithm, says Minterest. This first deal was fully subscribed in just 11 minutes after launch! ARA is a leading Asia Pacific real assets fund manager with a global reach and gross assets under management of S$88 billion. 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. Minterest Review 2021. Jul 01, 2020. 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. Singapore-based ARA Asset Management has partnered with Minterest to launch a property investment platform for yield hungry investors. 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 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. 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”). Leading Digital Investment Platform - Unlocking institutional-grade real estate and corporate investment opportunities, 1 Raffles Boulevard, Crescent 1, Level 2 Suntec City, Singapore 039593. By using this website, you agree to be bound by our Website Terms of Use. We are immensely grateful for the huge amount of support and trust that our Investors have in Minterest. 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. 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-Backed Minterest Crowdfunds Despite Pandemic. Jun 29, 2020. 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”). May 18, 2020 ARA Announces Changes In Shareholdings. We do not and will not perform any other activity that is regulated under any applicable Singapore law. By using this website, you agree to be bound by our Website Terms of Use. ARA-backed Minterest sells out first real estate investment product in 11 minutes. 1 Raffles Boulevard, Crescent 1, Level 2 Suntec City, Singapore 039593. 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. ARA-backed Minterest sells out first real estate investment product in 11 minutes. 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. ARA-backed Minterest Sells Out First Real Estate Product. 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. Minterest Private Limited is incorporated in Singapore with registration no. 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. May 26, 2020. ‘ARA Minterest’ is a trading name of Minterest Private Limited. 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. 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. Minterest Private Limited is incorporated in Singapore with registration no. A Return To Basics: Real Estate Operations Aren’t “Physical Social Networks” May 18, 2020 ARA Makes Foray Into Fintech via Acquisition Of Crowdfunding Platform Minterest. 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. These include both historical and forward-looking information. By using this website, you agree to be bound by our Website Terms of Use. In particular, we do not provide any form of investment advice or recommendation to any person. Welcome to Minterest's new and rebranded site! The move was ARA's first entry into the fintech sector and part of its wider ambitions in the global real estate credit business. Leading Asia Pacific real assets Fund manager with a global reach and gross assets under of! 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