Founding of FINEXITY AG
Gold, real estate, classic cars, art - the portfolio of Ultra High-Net-Worth Individuals, abbreviated UHNWI, is manifold. For sure, after all it is a clientele with freely disposable assets of over 30 million euros. These professional investors do not focus on individual investments, but rather diversify their tangible assets in particular - and thus ensure asset preservation. However, the majority of these assets are not available to private investors. We solve four profound problems:
We open up investments that were previously inaccessible to private investors due to the significant purchase prices and corresponding capital requirements.
We offer a professional analysis of the asset to be financed to prevent uneconomical investment decisions.
We facilitate the extremely time-consuming management of a tangible asset through professional management in order to generate the best possible return.
We eliminate significant bureaucratic expenses and associated costs, such as notary visits, and increase the flexibility and liquidity of an alternative investment.
As a European pioneer, we reduce these problems to a minimum and give investors access to illiquid alternative investments, such as art and real estate. Using blockchain technology, we digitize assets in a legally secure manner, reduce entry barriers to a minimum and enable investors to trade their investments via our secondary market. Working with us, investors build a stable professional portfolio for their financial future - just like a family office and other institutional investors.
Founding of FINEXITY AG
Successful coordination with Federal Financial Supervisory Authority (BaFin)
Market entry as Germany’s first Blockchain-based real estate investment platform
Tokenization of the first project “Jenfelder Au”
German Business Award as Germany's most innovative real estate investment platform
Successful structuring and listing of further properties
German Excellence Prize as best financial start-up in Germany
Launch of “Club Deals”
Over 5 million euros in assets-under-management
Opening of the platform as a Software-as-a-Service (SaaS) solution for third-party providers
Initiation of partner program
Expansion of the asset classes to include art
Launch of the FINEXITY app
Expansion of the multi-asset platform to include Fine Wine and Diamonds
Launch of Europe's first over-the-counter secondary market for tokenized assets
The idea for FINEXITY began when Henning and his wife Maria wanted to buy their own home four years ago. The children were there and the desire for a beautiful, spacious home was big - they were longing for a change in lifestyle. At the same time, the path to financial independence was to be continued. A frequent starting point for young families and many working people, especially in cities. A colleague at the time told Henning: 'What's wrong with the dream of owning a house? It's the word owner.' This catchy phrase remained stuck for a long time, and Henning postponed purchasing a house with his wife.
Paul and Henning have known each other for several years and have even worked together. As so often they talked about how it can be that the real estate industry is still based on so many old virtues, even though there are better solutions. They key question was always that it should be possible to enable small investors to invest small amounts of money in real estate in order ro benefit from the rental income and the increase in value - just like an owner.