Wealth Migrate was started in 2010 and it is one of the first and most well-known platforms for investing in real estate that use financial technology. They give people from all over the world an easy, risk-free, and cheap way to invest online in high-yield, institutional-grade, first-class real estate.
It is also a crowdfunding platform provider that focuses on the real estate industry. The company’s platform is a global real estate investment marketplace where users can look for investors for both domestic and international real estate projects.
This helps real estate companies raise money and helps investors make money. This marketplace also has tools to help users achieve scale efficiencies, make sure all transactions are clear, and centralize the management of investors’ property holdings.
Their ultimate goal is to make smart investing available to everyone, no matter where they live, and to make buying property anywhere in the world as easy as swiping your finger. In addition, they have the potential in making it easy for people from all walks of life to get into the global investment market.
Additionally, they have had success in the past in bringing first-time foreign real estate investors to cities in the first world. They did this by creating a new market between the traditional real estate industry and the digital industry.
How it Works
Wealth Migrate have the chance to make money and see their US dollars grow in value. They do this by using big data technologies, international teams on the ground, and the social force of collective purchasing through crowdfunding.
According to BuiltWith, Wealth Migrate is now using 54 different technologies on its website. Viewport Meta, iPhone/mobile compatibility, and Scalable Portable Format are some examples.
Wealth Migrate is trying to become the place where real estate investors and people who want to raise money on the internet go first. What gives their work meaning is that they help the bottom 90% invest like the top 10%, giving them more financial freedom. They’re closing the gap between rich and poor one brick at a time.
Founders
Scott Picken
Scott Picken is the CEO of the Global Wealth Group and Wealth Migrate.He is also an author, founder of the Wealth Movement, and a serial Fintech entrepreneur.
With over 20 years of experience in global real estate investment, technology, and business leadership, he has committed to helping real estate investors take advantage of the transformative power of financial technology, blockchain, re-inventing wealth, and Collaborative SMART InvestingTM, and the creation of global wealth for all.
Investors & Funding Rounds
Crowdfunding
Wealth Migrate was able to raise £1,687,965 through an equity crowdfunding campaign on Seedrs.
PrivCo on the other hand estimates that the post-money value of Wealth Migrate is between $10 million and $50 million.
With the funding raised so far, they’re growing between 0.5 and 1% every day. Their Trusted Global Real Estate Marketplace now has members in 170 countries (more than half the world) and investors in 68 countries.
So far, they have used the platform to buy and sell over $1.18 billion worth of real estate and other alternative assets for more than $100 million.
Wealth Migrate also wants India to be the place where its global investor base is set up. This is because of their experience between Fintech and international real estate. In all of their business dealings, they try to be reliable, honest, and helpful to each other.
Competitors
CrowdStreet: This is a platform that gives investors access to CRE investment opportunities and technologies.
Patch of Land: It is an online platform that connects people who want to borrow money and people who want to invest in real estate.
Helpling: Helpling is a way for people who don’t live in the U.S. to schedule and pay for cleaning services whenever they need them.