Vietnamese digital investment platform RealStake has received a seed investment from 500 Startups

BlockBeats - On July 6, Vietnamese digital investment platform RealStake announced that it had received a seed round investment from 500 Startups in Vietnam and a number of angel investors.

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RealStake aims to digitize and democratize investments by consumers in Southeast Asia. RealStake, launched in Vietnam in 2019, makes retail real estate investments by selling piecemeal home ownership. The platform claims to have increased the rate of property sales by 200 per cent in less than a year since its launch, with clients generally investing far more than the $1,000 minimum.

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RealStake plans to offer a variety of complex investment products (such as etfs, bonds, time deposits, and so on), as well as technology-driven personalized expert financial plans and portfolio optimization to diversify and maximize returns on each customer's hard-earned money.

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Eddie Thai, general partner of 500 Startups, said Financial literacy and digital financial participation in Vietnam was accelerating rapidly as a growing middle class community looked for diverse and sophisticated ways to protect and accumulate wealth. The team of operators and investors behind RealStake have an opportunity to tap into this potentially huge market.

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Text link:https://fintechnews.sg

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