BRICKVEST BACKED TO TAKE OFF BY GLOBAL FOUNDERS CAPITAL

Editorial & Advertiser disclosure

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Top Stories

Posted By Gbaf News

Posted on July 9, 2015

BRICKVEST BACKED TO TAKE OFF BY GLOBAL FOUNDERS CAPITAL

Rocket Internet becomes a strategic investor for online real estate investment manager

Global Founders Capital, the venture capital arm of Rocket Internet announced that it is investing in London and Berlin-based BrickVest, an online real estate fund management platform, as it continues to back start-ups with high growth potential. By backing BrickVest, Global Founders Capital is expanding its financial technology (fintech) portfolio.

BrickVest, cofounded by Emmanuel Lumineau, Dr. Thomas Schneider and Adalbert Wysocki, will provide access to Pan-European and North American real estate investments direct to investors via its online platform. Investors on the BrickVest platform will then benefit from the full spectrum of fund management services typically reserved for a closed network of real estate investment professionals.

The investment comes as fintech firms continue to attract venture capital. According to Accenture, global fintech venture investments stood at $12.2 billion in 2014 ($1.48 billion in Europe), tripling from $4.05 billion in 2013.

Oliver Samwer, Founder and CEO of Rocket Internet says: “We’re always looking for strong teams which work well with us and grow a start-up into a successful business – especially in a growing field like fintech. We were very impressed by the founding team and its extensive experience in real estate, investment services and technology. BrickVest not only merges of all of this experience, but it does so in a way that can cause a paradigm shift to how real-estate investment takes place across the globe.”

Emmanuel Lumineau, CEO of BrickVest, comments: “We’re thrilled to have Global Founders Capital back our business proposition ahead of the launch and it is testament to our vision and strategy that they have decided to do so. Real estate investment services have been closed off to a majority of investors for too long and our platform can deliver these services to a wider audience. With the business growth experience of the Global Founders Capital team, we expect BrickVest to make a big impact in the market.”

Recommended for you