Italy: Real Estate Crowdfunding Platform Walliance Acquires Lymo Finance
Lymo Finance, the world’s first real estate crowdfunding platform, is now owned by Walliance, another real estate crowdfunding platform based in Italy, according to an announcement. Walliance said the acquisition is part of its expansion plans in the European market. Lymo, which has an investment collection of more than €50 million, has a strong presence in the French market and a decade-long track record of success. Financial details of the deal were not disclosed. This