This week thesqua.re, highly-commended at the ASAP Awards in December, announced it has closed an investment round of $2 million from Crowd2Fund and OakNorth Bank.

This supports expansion to 500 apartments in Central London over the next two years, as well as funding the development of its digital platform and potentially some New York offices.

This is the first UK serviced apartments project to secure investment through crowdfunding, and thesqua.re is to  harness this use of digital technology further when it launches its digital concierge app, to enable customers to manage business travel efficiently.

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