Wealth Migrate to present blockchain-based global real estate platform at Finovate Middle East
Source: Globe Newswire , Author: Posted by BI-ME staff
Posted: Mon February 26, 2018 2:58 pm

UAE. -- (GLOBE NEWSWIRE/Knowledge Bylanes) -- Wealth Migrate, the blockchain-based global online real estate platform, has been selected to showcase its newest technology at Finovate Middle East 2018 (Dubai, February 26-27).

Finovate is the premier demo-based conference for innovative start-ups and established companies in the banking, financial technology, and payments sectors.

Founded in 2010 by global fintech and real estate investors Scott Picken and Hennie Bezuidenhoudt, Wealth Migrate opens the opportunity for retail investors to collaboratively invest in international commercial real estate while simultaneously reducing complexity through its proprietary Global Investment Due Diligence System (GIDDS™).

The platform simplifies the entire real estate discovery and transaction process from taxation and structuring through to meeting KYC and AML verification requirements for cross-border transactions.

“Since opening our new Dubai office this winter, we have seen a huge demand from investors in the region for recession resistant real estate in developed global market,” said Lee Rush, CEO at Wealth Migrate UAE. “Presenting at Finovate Middle East is a wonderful way for us to connect with other leaders and investors in the area.”

The company has already executed over 1,700 transactions to a value of $69.7 million with funds coming in from 44 countries. The total Deal Value of all projects stands at a value of $380 million.

“We are pleased and honoured to have been selected to present our technology at Finovate Middle East,” said Scott Picken, CEO Wealth Migrate. “Our platform, combined with our soon to be launched WealthE coin cryptocurrency, enables access to real estate investment opportunities previously accessible only to institutional investors and high net worth individuals. And importantly, our technology fosters a frictionless transaction environment while reducing middlemen costs and offering greater transparency, trust, security and compliance throughout the entire process.”

With a global footprint, Wealth Migrate helps its member community across 109 countries to invest internationally. The company recently opened new offices in the UK and UAE to add to the firm’s current operations in Australia, Hong Kong, Shanghai, South Africa and the USA.

Finovate Middle East, held in partnership with the United Arab Emirates Ministry of Finance will take place at the Madinat Jumeirah Conference and Events Centre, Dubai. Wealth Migrate’s on-stage demonstration will take place on the first day of the event, February 26, during Demo Session One.

For more information please visit https://www.wealthmigrate.com/.

Photo: For illustrative purposes only

About Wealth Migrate
Wealth Migrate is a global real estate investment marketplace that offers investors direct access to institutional grade real estate investment opportunities in premier markets around the world. Wealth Migrate’s mission is to empower people by providing access to quality real estate investments that were previously accessible only to high net worth individuals and institutional investors.

Almost half of the world's wealth is held in real estate, but only 12.9% of the populations have the disposable income to access it. Through the Wealth Migrate platform investors benefit from the extensive experience of the Wealth Migrate executive team, which has collectively invested more than $1.4 billion for clients in international real estate transactions over the last three decades.

About Finovate
FinovateMiddleEast is Finovate's newest event which brings together the Middle East's fintech community to showcase cutting-edge banking, financial and payments technology. See the latest fintech innovations demoed live on stage and hear insights from global financial services experts.

For more information on the event or to view videos of previous demos visit finovate.com



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