Property investment startup BrickX has launched Smart Invest, a new automated platform aiming to help users save for a deposit.
Property investment platform BrickX closes out $9 million Series A round with backing from NAB Ventures
With Reinventure having announced its investment in November, the closing of the Series A brings the total raised by the startup to date to $12.5 million.
Westpac-backed venture capital firm Reinventure has backed property investment platform BrickX, as part of the startup’s yet-to-close Series A round.
A property is purchased and put into a trust, then split into 10,000 units – or bricks – which can then be bought by investors through Brickx.