Kameo Challenges Banks with Real Estate Financing Platform, Reports Di.se

Kameo is emerging as a competitor to traditional banks by providing faster and more adaptable financing solutions for real estate ventures, according to Dagens Industri. The company addresses the challenges real estate firms face in securing timely access to capital. Since its founding in 2016, Kameo has facilitated loans totaling SEK 8 billion across Scandinavia, financing a diverse portfolio of residential, commercial, and industrial properties. Kameo's key advantages lie in its speed and flexibility. Unlike banks, which often require project valuations around SEK 300 million, Kameo finances projects from SEK 10 million and collaborates on larger ventures. Kameo can develop a financing plan within weeks, while banks typically require 6 to 12 months simply to provide a proposal. A distinctive feature is its financing of residential projects, such as housing cooperatives, without pre-sale requirements, enabling developers to commence construction sooner and potentially achieve higher sales prices. Kameo operates an investment platform connecting real estate companies with investors. Funding originates from its proprietary credit fund, strategic partnerships with institutional investors, including a prominent international pension fund, and a broad investor network. This robust model provides Kameo with the capacity to finance substantial projects; to date, the company has successfully brokered over 1,500 loans.