Berlin – SMP advised Hamburg based fintech company Exporo on its Series C extension financing round. The financing round with a volume of EUR 16 million was raised from existing investors Partech, e.ventures, Heartcore and HV Holtzbrinck Ventures. Exporo intends to invest the fresh capital into its digital trading platform and the launch of an additional digital real estate service in early Q2 of 2021. SMP partner Stephan Bank and associate Jonas Huth provided comprehensive legal advice on all matters related to the financing round. Exporo has already relied on Stephan Bank's team in all previous financing rounds. In addition, SMP also advised Exporo on its cooperation with the online platform Zinsland.
The Hamburg-based fintech company Exporo is Germany's leading platform for digital real estate investments. The company enables private individuals to invest in real estate projects with small amounts and to build up an individual real estate portfolio without a major entry barrier. Experienced real estate experts acquire and analyze over hundreds of properties and project every year. Since its founding in November 2014, more than EUR 700 million (as of 31.12.2020) have been digitally transferred. Exporo also has more than EUR 250 million in assets under management in its own real estate portfolio.
SMP is a boutique law firm for tax and business law which is active in the core fields of Tax, Funds, Corporate, Litigation and Transactions. The attorneys and tax specialists at SMP represent a broad client base, which ranges from emerging technology companies and family-run SMEs to large corporations as well as private equity and venture capital funds. Founded in 2017, SMP has become one of the leading players for venture capital, private equity and fund structuring in Germany. The firm and its partners have been recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus and Chambers and Partners. Today, SMP has more than 60 experienced lawyers and tax specialists in three Offices in Berlin, Hamburg and Cologne.