Qwikwire Claims Biggest Funding Round

Qwikwire Claims Biggest Funding Round

by March 5, 2018

Cross-border property solutions platform Qwikwire claims to have concluded its biggest funding round led by First Asia Venture Capital, and Cerebro Labs, but declined to give figures.

The 500 Startups-backed company said investors from the US and Japan, and others coming from the real estate industry, also participated in the round.

Qwikwire, which has already raised over $460,000 previously from 500 Startups, JFDI, and Manila Angel Investors Network will use the funds to further expand its operations overseas, according to DealStreetAsia.

Qwikwire is a Delaware Corporation but mainly runs its operations in Manila. It was founded in October 2013 with a mission to reduce or eliminate reliance on intermediaries such as agents, brokers, and other marketing channels and instead connect customers and buyers directly to property developers for real estate deals in the global market.


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