The real estate market can be classified as one of the most inefficient markets globally. Why is it that we still need a notary to notarize real estate purchases if a blockchain could simply store and transcribe possessions? Why can properties not be sold to a large number of people, thus making real estate investments more affordable to a vast number of investors? These are two key questions that have triggered us to establish FINEXITY: Germany’s first blockchain-based real estate investment platform that enables retail investors to invest selected properties starting from EUR 500 within three minutes. Investors can either invest per web or app and benefit from the net rental income, property value appreciation as well as any mortgage repayments – just like any landlord would, yet without any of the hassle! Investors are also granted with the option to sell their “digital property shares” at any point on our blockchain-based secondary marketplace. This way annoying notary visits, limited information transparencies, low market liquidity, significant equity requirements as well as high ancillary purchase costs finally belong to the past of real estate transactions!
As one of Europe’s pioneers, FINEXITY has been regarded as one of the three most promising blockchain start-ups in Germany (Fibree Global Blockchain Industry Report, 2019). With the help of 10+ team members, FINEXITY pursues the vision of liberalizing the European real estate market until 2022. Hence, digital real estate investments will become the norm, enabling everyone to flexibly invest in real estate, regardless of budget, expertise or location.