iFunded to Accept Both Retail and Institutional… And Fiat and Crypto

September 3, 2019 | Real Estate

The German firm is crowdfunding an apartment building in Berlin

iFunded, a German investment real estate platform, has listed for investment a debt-offering of €350,000.

Investors have already funded €121,000. Meanwhile, others, including retail investors, may subscribe with as little as €500. The terms of the interest rate are 6% for a 12-month loan term.

According to reports, developers are constructing the apartment block. They have already sold three of the five units.

The company’s mission

In an April 30 tweet, the firm defined its mission. The firm wants to make global real estate investments accessible, simple, transparent, and affordable. The company further plans to meet these goals through its fully compliant blockchain-based investment platform.

Founded by Michael Stephan, the firm offers pre-vetted real estate investment opportunities. The platform enables real estate developers and builders to raise funds from both retail and institutional investors.

In September 2018, iFunded raised €4 million in Pre-Series A round of financing led by Evan Group. In addition, Torsten Pfeifer, Treuenburg Group, Creathor Ventures, CEO Michael Stephan, Torsten Pfeifer, and 32nd Floor GmbH took part in the capital raise.

iFunded is crypto-friendly

iThe firm claims to be the first real estate crowdfunding platform to accept crypto-currencies including Bitcoin and Ethereum. A subsidiary of iFunded, iEstate is a global real estate token platform that issues debt-based security tokens. It intends to implement equity-based tokens too.

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Latest Alternative Investment News

Alternative Investments/Digital: Two Canadian Fund Managers Launch Metaverse Themed ETFs
December 1, 2021     Alternative Investments, Digital Assets, News

Canadian fund managers Horizons ETFs and Evolve Funds have launched the Horizons Global Metaverse Index ETF (“MTAV”) and the Evolve Metaverse ETF (“MESH”) respectively, on the Toronto Stock Exchange.

Digital Assets: Grayscale Launches Solana Trust, Protests SEC Rejection Of VanEck Spot Bitcoin ETF
December 1, 2021     Digital Assets, News

Grayscale Investments announced Tuesday the launch of the Grayscale Solana Trust to provide investors with exposure to Solana (SOL), the native token of the Solana network, a smart contract platform…

Venture Capital: Digital Temp Staffing Startup Jobandtalent Snags $500M Series E
December 1, 2021     News, Venture Capital

Madrid-based temp staffing marketplace Jobandtalent announced the closure of its Series E raise of $500 million at a valuation of $2.35 billion from Kinnevik and SoftBank Vision Fund 2. Existing…

FinTech: BNPL Was “One Of The Stars” Of The Holiday Season For PayPal
December 1, 2021     FinTech, News

PayPal (NASDAQ: PYPL) enjoyed solid volumes for its buy-now-pay-later (BNPL) offering on Black Friday, continuing a trend the giant payments fintech observed all through November. In that month, for the…