July 08, 2024
The fintech start-up MetaWealth has successfully secured €2 million in a pre-Series A funding round. This funding came from 11 investors based in the UK, Sweden, Portugal, Spain, Switzerland, and Romania. This investment has raised the valuation of this leading real estate tokenizing platform to €50 million, a remarkable achievement just 15 months after its worldwide launch.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Category |
---|---|---|---|---|---|
MetaWealth | €2M | July 08, 2024 | Pre-Series A | €2M | Real Estate, FinTech |
MetaWealth, with its significant operations in Bucharest, Marbella, and Dublin, serves as a bridge connecting developers with retail buyers and investors globally. This is made possible through the integration of advanced blockchain/tokenization technology, global real estate expertise, and unmatched market insights.
Since its inception in March 2023, this groundbreaking investment platform has successfully tokenized 101 premium real estate assets, with a total investment value surpassing $20 million. In total, the fintech start-up has €55 million worth of real estate under contract across three countries. Renowned brands in the Advisory, Real Estate, and Technology sectors, including Deloitte, Colliers, ONE United, and Solana, are partnering with MetaWealth. Their shared goal is to transform the traditional real estate investment market using state-of-the-art technology.
Michael Topolinski, the co-founder and Chairman of MetaWealth, expressed his excitement about the successful funding round. He stated that MetaWealth meets all the criteria when assessed by experienced, high-profile investors. He highlighted the company's innovative nature, impressive track record of high returns, robust portfolio and pipeline, and scalable global business model. He also revealed plans for a Series A funding round with various venture capitalists by the first quarter of 2025.
About MetaWealth
MetaWealth is a fintech start-up that offers a unique platform for fractional real estate investing. The company believes in making investing simple, safe, and secure. By leveraging blockchain technology, MetaWealth tokenizes real estate assets, transforming physical properties into digital tokens that represent ownership stakes. This innovative approach lowers the entry threshold for investors and enhances transparency, security, and efficiency.
The platform allows users to browse curated investment opportunities, invest in fractions of top-of-the-line assets, and earn regular rental yields and asset appreciation. It’s designed to generate passive income without the typical landlord headaches and offers structured portfolios without large investment thresholds or complex fees. All of this can be managed from a user-friendly app on a smartphone.
Website: https://www.metawealth.co/
About Investor
This funding came from 11 investors based in the UK, Sweden, Portugal, Spain, Switzerland, and Romania.
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