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Rocket Internet invests in online real estate investment platform BrickVest

Global Founders Capital, the venture capital arm of Rocket Internet, is investing in London and Berlin-based online real estate fund management platform BrickVest.

BrickVest, cofounded by Emmanuel Lumineau, Dr. Thomas Schneider and Adalbert Wysocki, will give investors direct access to  Pan-European  and North American real estate investments via its online platform.

Investors on the 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 with recent research from Accenture having found that global  fintech  venture  investments stood at $12.2bn in 2014 ($1.48bn in Europe), tripling from $4.05bn in 2013.

Oliver Samwer, founder and CEO of Rocket Internet, said: “We’re always looking for  strong teams which work  well with us and grow a startup 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, added: “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.”