BitOfProperty is an alternative real estate investment platform that offers opportunities to buy and sell shares in real estate, generating passive income on a monthly basis. The company's goal is to bridge the gap in the real estate crowdfunding industry, enabling investors to diversify capital into stable cash flow-generating properties. Similar to a stock exchange, BitOfProperty allows users to purchase and sell shares in real estate that are rented out, providing a passive income stream. Additionally, investors can benefit from potential capital gains if the property's value appreciates. The platform credits rental income to the user's account, allowing them to reinvest or withdraw funds at their discretion. Exiting an investment is straightforward, as users can set prices and list shares on the marketplace for other investors to purchase. Founded in 2017 and headquartered in Estonia, BitOfProperty completed a Seed Round investment in May 2018, with support from LIFULL Co., Ltd., a leading real estate platform in Japan, and Spaze Ventures, a Singapore-based startup incubator. The company aspires to evolve into a pan-European marketplace, enabling individuals to exchange shares in properties, aiming to bring them closer to financial freedom. With a focus on the blockchain, fintech, and real estate industries, BitOfProperty presents an innovative investment opportunity within an otherwise expensive and illiquid asset class.
Funding Stage | Amount | No. Investors | Investors | Date |
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Seed Round | Unknown | 1 | Lifull | 10 May 2018 |
Seed Round | SGD85.00K | 1 | Startup Spaze | 03 Jul 2017 |
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