Lhoopa Secures US$80 Million in Equity and Debt to Reduce Affordable Housing Backlog in Southeast Asia
Investment to drive expansion and support strategic initiatives MANILA & SINGAPORE, 16 JULY 2024 – Lhoopa, the innovative proptech company revolutionizing affordable housing in emerging markets, today announced the successful completion of its US$80 million funding round. This is one of the biggest funding rounds by a startup in the Philippines to date, and one of the […]
Lhoopa: Solving SEA’s affordable housing crisis, one home at a time
It’s a story we often hear in emerging markets: people leaving rural areas for cities in search of a better life, only to find themselves in informal settlements with unsafe water, poorly built houses, and uncertain property rights. The problem isn’t that people don’t want to buy homes; it’s that there aren’t enough affordable ones […]
ADB, Lhoopa Sign Deal to Expand Green Affordable Housing in the Philippines
Read news: https://www.adb.org/news/adb-lhoopa-sign-deal-expand-green-affordable-housing-philippines