Funble is a fintech platform that enables fractional real estate investment through blockchain technology, allowing users to purchase shares in landmark properties starting from just 5,000 KRW. This approach simplifies the investment process, eliminates complex paperwork, and provides monthly rental income distributions, making real estate accessible to a broader audience.
Funding
$4.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional real estate investment is often inaccessible to the average investor due to high capital requirements, complex paperwork, and the challenges of managing physical properties. This limits opportunities for individuals to participate in the real estate market and benefit from potential rental income and property appreciation.
Solution
Funble offers a fintech platform that democratizes real estate investment by enabling users to purchase fractional shares in landmark buildings through blockchain technology. By tokenizing real estate assets, Funble lowers the barrier to entry, allowing individuals to invest in prestigious properties with significantly smaller capital outlays. The platform simplifies the investment process by eliminating complex paperwork and providing a user-friendly interface for buying, selling, and managing fractional ownership. Investors receive monthly distributions of rental income proportional to their shareholding, creating a passive income stream.
Target Audience
Funble targets individual investors, particularly those new to real estate, who seek to diversify their portfolios with smaller investments in high-value properties and generate passive income.
Features
- Fractional ownership of real estate assets represented by blockchain-based tokens
- User-friendly platform for buying and selling tokenized property shares
- Monthly distribution of rental income to shareholders
- Secure and transparent transaction processing via blockchain technology
- Collaboration with established financial institutions for enhanced security and reliability
- Digital platform accessible via mobile app