Brxs B.V.

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Brxs B.V. - overview

Established

2021

Location

Amsterdam, -, Netherlands

Primary Industry

Financial Services

About

Based in Amsterdam, Netherlands, and co-founded by Amrita Ramsaransing and Filip Nuytemans, in 2021, Brxs B. V. is a financial services company that offers an online platform for users to invest in Real Estate. The firm was founded by Uber Legal Counsel (Lead), New Mobility EMEA, and other individual investors.


In September 2022, the firm raised EUR 3 million in venture funding co-led by investors Picus Capital and Axeleo, with participation from individual investors. The company offers the real-estate investment web and mobile applications namely BRXS to allow users to directly invest in rental properties and build out a real-estate portfolio with a minimum investment amount of EUR 100. Brxs generates its revenue by charging fees such as a transaction fee of 1. 5% to the investment value on buying or selling a BRXS-note, an offering fee included in the initial investment amount charged per property, and a management fee of an average of 6-8% of gross rent that is automatically deducted from the rental income prior to distribution to all investors.


The company plans to utilize its September 2022 funding to further develop the platform, diversify offerings and expand into new EU markets.


Current Investors

Picus Capital, Axeleo

Primary Industry

Financial Services

Sub Industries

Financial Services, Internet

Website

www.brxsapp.com

Verticals

FinTech, Mobile Apps, Real Estate Tech

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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