Nook and AQwire Partner to Help Overseas Filipino Workers Buy Property Back Home

Adam Breen Nook, Press Releases

Alamat Capital is proud to announce a new partnership deal that we have brokered between our clients: Nook, the first mortgage broking platform in the Philippines, and AQwire (owned by Qwikwire), the first-ever blockchain-powered platform for property developers.

“This is definitely a game-changer for many OFWs who want to invest in real estate in the Philippines, whether it be for their dream homes or for an extra source of income.” 
— AQwire CEO / Founder Ray Refundo

AQwire connects property developers to buyers from all around the world in a simplified yet secure platform. Together with Nook, AQwire aims to bring more value to its current customers, enabling buyers to securing a mortgage from any of Nook’s banking partners.

Overseas Filipino Workers (OFWs), whether working contractually or living as permanent overseas residents, now have an uncomplicated way to invest and acquire properties in the Philippines.

“This is definitely a game-changer for many OFWs who want to invest in real estate in the Philippines, whether it be for their dream homes or for an extra source of income. As a company that mainly services OFWs, we have heard many clients express their frustration with the housing application process in the country, which requires their physical presence. Our partnership with Nook enables us to provide OFWs the seamless online service that they have been looking for,” said Mr. Reyfundo.

With both startups fervently working on the finer details of the partnership, homeowners can expect a beta release of the product by mid-June 2020.