CrowdDana: Taking the equity crowdfunding hype into the real estate sector

Indonesia

10 min read

Apr 12, 2020

By Putu Agung Wija Putera

©CrowdDana

Beginning with boarding house projects, CrowdDana's new business model aims to more efficiently connect Indonesian SMEs needing funding with a growing pool of investors

CrowdDana is the latest equity crowdfunding platform to receive its license from the Financial Services Authority of Indonesia (OJK). It takes a different approach to the crowdfunding business model: instead of helping SMEs and franchises raise funds, CrowdDana takes its business model directly to real estate projects.
In particular, the startup offers investments in boarding houses, which are popular among university students and office workers looking for a cheap place to stay while avoiding long commutes. They are equally popular among landowners looking to maximize the value of their pr...

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