Basic Information

What is BrikkApp?

BrikkApp is your “one-stop-shop” for real estate crowdfunding investing. We provide the ability for anyone to choose and invest in real estate projects from amounts as low as 100 EUR. We connect you, the investor, with real estate crowdfunding investment platforms that have investment opportunities all over the world. We provide transparent data about the platforms and their successes. 

Instead of finding and researching each individual platform, BrikkApp collects all the information in one place for you. Users can find and compare platforms based on investment statistics, investment opportunities, reviews, and social media presence.


Who uses BrikkApp?

BrikkApp is an online platform for anyone interested in investing in real estate. At BrikkApp, we provide not only knowledge about the real estate crowdfunding market, but also the ability to invest and diversify your portfolio with property projects from across the globe.

By registering with BrikkApp, users get instant access to verified market data, investment opportunities, and investors who are looking to buy equity or loan investments on our upcoming secondary market. 


Is BrikkApp free?

It’s free to create a user profile with BrikkApp, and it only takes a few minutes to set up. You’ll need to enter some details about yourself, and you can sign up as an individual or as a business. 


Once registered, you will have access to our entire database of platforms and additional resources such as market reports.

Who can invest?

BrikkApp provides you with data on platforms that allow investing into fractions of properties. Often, you can invest from as little as 100 EUR. Thus, no matter what your investment budget is, there are suitable investments to select from.

Both individuals and entities can use BrikkApp to build their diversified investment portfolio.

The registration process varies from platform to platform, but typically require their users to be above 18 years old and includes an AML/KYC check to verify your identity. 


What data do you provide?

BrikkApp aggregates data from hundreds of property investment platforms, which are (1) online, (2) publicly accessible, (3) offer crowdfunding investing into real estate projects.

In one dashboard, our users can thoroughly compare the platforms based on their investment history and successes, their geography, and the type of investments offered. 

Platform statistics and market information are provided to all BrikkApp users - for free!

What countries are supported?

BrikkApp provides information on online real estate investment platforms from all across the world. If you don't see an investment opportunity in your country, it might be for two reasons: (1) currently, there are no online property investment platforms in this country; (2) we could not verify the data about the platform, thus, we decided not to list it until we can collect more data. 

Is there an investment platform we missed and you believe should be included? Send us a message.


What is the minimum amount that can be invested?

The minimum investment amount on the primary market varies from platform to platform and can start from 100 EUR or sometimes even lower. At the same time, there are platforms that target accredited investors only where the minimum investment amount can start at 10,000 EUR or even higher. 

How safe are property investments?

BrikkApp exclusively provides data on real estate investments, and real estate has always been a popular investment choice. This is because, compared to the stock market, real estate is generally an investment with less risk due to being a stable and nonvolatile asset. However, any type of investment, including real estate, contains risk. There is no guarantee the value of your investment will increase, and there is always a possibility you lose your investment.

BrikkApp does not provide investment advice. Any provided information is for purely informational purposes and to assist in your own investment decision-making.


Managing Your Account

How do I sign up?

It is very easy. All you need to do is fill out our registration form here.

How do I log in?

Go to brikkapp.com. At the top, under ‘Log-in’, enter the email you used to register.

Under ‘Password’, enter your password. Click ‘Log In’.


Verification

Why do I need to verify my account?

The verification of your account is required by law in order to provide you with the best possible service and to comply with financial service regulations.


Your information is always kept confidential and is only used for compliance purposes.

What is proof of identity?

In order to verify your account, we will require a copy of your valid passport or both sides of your government-issued identification card.


This copy must contain:

a. Full Name

b. Date of Birth

c. Photograph

d. Valid Expiry Date


All images should be high resolution and the above details must be clearly readable.

What is proof of address?

To verify your account, you are required to provide us with a document confirming your current permanent residential address. This document must be issued in the name of the BrikkApp account holder and dated within the last 3 months (with the exception of valid government-issued identification documents, such as a driving license), and must contain the following information:


a. Your name

b. Your current residential address

c. The date of issue

d. The issuing authority

e. A reference to the issuing authority (logo, contact information, website, etc.)


We accept documents that are issued by a bank, a utility company, a government agency, or a judicial authority. If your bill or document is available online, you may send it to us either as a PDF file or as a screenshot.

Who qualifies as a politically exposed person?

A politically exposed person means:

a) a natural person in a prominent public position and with nation-wide responsibilities, such as a head of state, a head of government, a minister and deputy or assistant minister, a member of the parliament, a member of a supreme court, a constitutional court or another high-level judicial body decisions of which are not subject to further appeal, except in exceptional circumstances, a member of a court of auditors or a central bank board, a high-ranking military officer, a member of an administrative, supervisory, or management board of a state-owned business, an ambassador or chargé d'affaires, or a natural person, having similar responsibilities on a Community or international level; all the above for the entire period of the position and for one year after the termination of such position

b) a natural person, who

  1. is the spouse, partner equivalent to the spouse or a parent of the person under a),
  2. is a child of the person under letter a) or a spouse or a partner of such a child (a son or daughter-in-law),
  3. is a business partner or a beneficial owner of the same legal person, a trust, or any other business entity under foreign law, as the person under letter a) or is known to the obliged entity as a person in a close business relationship with a person under letter a), or
  4. is a business partner or a beneficial owner of the same legal person, a trust, or any other business entity under a foreign law known to have been established for benefit of a person under letter a).

Investments on BrikkApp

What are real estate crowdfunding investments?

Real estate crowdfunding is when individual investors are connected with developers, typically via an online platform, in order to finance real estate projects. Investors typically loan money to developers in the form of bonds or other debt securities.


What exactly am I investing in?

On BrikkApp, you invest by purchasing part of a loan for a real estate developer, which is then used to finance a specific real estate project. Once the loan is fully funded, the project proceeds. You are given all the details of the property and developer, and after investment are compensated via payment back of your capital plus the interest rate specified in the loan.


What is the source of these investments?

BrikkApp partners with the best real estate crowdfunding platforms on the market in order to provide investors with diverse investment opportunities all across Europe. With BrikkApp, you can invest on multiple platforms, in multiple countries - all in one dashboard!


Am I investing directly in the partner platforms?

No. BrikkApp is a marketplace that offers investment opportunities sourced from partner platforms. BrikkApp facilitates your investment and thus your contractual relationship is with BrikkApp. BrikkApp's contractual relationship is between the investor and the partner platform.


Who can invest on BrikkApp?

Everyone with an EEA country or United Kingdom bank account is permitted to invest in projects offered by BrikkApp.


How do I start investing?

First, register for BrikkApp! After creating a user profile, you are then able to submit your identification documents to satisfy KYC/AML requirements. Once those documents are approved, you can fund your investor account via bank transfer. With your funds, you can then select any of the projects offered on BrikkApp and choose how much you would like to invest. A few clicks after that you are an official investor in real estate!


What is the minimum investment?

The minimum investment is 100 EUR for EUR projects or 1,000 CZK for CZK projects.


Is the interest rate on investments fixed?

Yes, the interest rate paid by the borrower and given to investors is fixed throughout the loan period. The payment frequency and interest rate can vary depending on the loan type.


Are investments guaranteed?

All investments come with risk and your investments are not guaranteed. It is possible to lose some or all of your investment. Refer to our Risk Warning for more details.

BrikkApp's risk assessment team performs rigorous due diligence on every project before offering it to our investors to reduce as much risk as possible. Only the highest quality projects are presented on BrikkApp.


Are there fees for investors?

No. As an investor on BrikkApp, you will not pay any fees at any point in the investment process. There are no management or account fees either. It is free!


What about taxes?

All interest earned from loans is treated by tax authorities as investment income and thus subject to income tax. The income gained from your investments on BrikkApp can be found in your investor dashboard along with associated documents. BrikkApp does not provide tax-related advice and recommends that you turn to a local tax advisor for additional information.


Is BrikkApp regulated?

Currently, there are no regulations covering the services offered on BrikkApp in the Czech Republic. Once the legal framework is established, BrikkApp will apply for the European Crowdfunding Service Provider license. For all services requiring governance, BrikkApp is partnered with EasyChange, which is a regulated payment service provider.


Adding Funds to Your BrikkApp Account

What is EasyChange?

EasyChange is our payment service provider. Similar to other companies such as Lemonway, Mangopay, etc. they provide our investors with payment services and wallets where investors can manage their investment funds. Investors' money in their e-wallet is always secure, available, and separate from both BrikkApp and EasyChange's operations.

Read more about EasyChange and the importance of payment service providers in our article!


How do I get an e-wallet for BrikkApp investments?

The process is simple: after your KYC has been completed, your EUR and CZK wallet are automatically created. This is the account that will allow you to invest in real estate projects on BrikkApp.


Is my wallet insured?

BrikkApp nor EasyChange are a bank, so your investments and deposits are not insured under EDIS or similar regulations.


Why do I have two wallets?

On BrikkApp, we give our investors the ability to invest in either Czech crowns or euros. Investors can transfer funds to either wallet. This can reduce foreign exchange fees incurred during bank transfers.


How do I move money into my e-wallet?

To move money into your e-wallet, simply create a bank transfer using the details provided in your account. You can transfer money to your wallet from your bank accounts and other third-party service providers.


How do I withdraw money from my e-wallet?

To move money out of your e-wallet, simply initiate a transfer from your BrikkApp user dashboard to your connected bank account.


I added incorrect payment details. What happens with my deposit?

We will try our best to pair your transfer to your BrikkApp account if possible. If your transfer is not found in your BrikkApp account after at least 3 business days, contact our support team.

After 10 business days, we will always return unpaired deposits to their respective accounts based on the details provided in the transfer.


How long does it take to deposit / withdraw?

For deposits, it can take anywhere from 1 hour to a couple of business days. For withdrawals normally you will receive your funds in a few days. However, it may take up to 10 business days, depending on the payment method used.


Safety and Security

How is my data protected?

Protecting your data is very important to us. Our current Privacy Statement and Terms and Conditions can be found under:

https://www.brikkapp.com/privacy

https://www.brikkapp.com/terms

If you have questions, remarks, or complaints regarding this service, or concerning any information processed in the service, or on your rights, feel free to contact the support team, operating under the responsibility of the Controller, using the contact email ask@brikkapp.com

How long do you store my data?

This online service offers registration and interactive features for which you must create a profile. 

Only a limited number of our employees can see your data, and they'll only look at it if they absolutely need to. Your data is private and your data is deleted upon the closure of your account. Our current Privacy Statement and Terms and Conditions can be found under:

https://www.brikkapp.com/privacy

https://www.brikkapp.com/terms

I have a different question. Who do I contact?

Send us a message using the dedicated Contact Form.


For other inquiries:


- PR inquiries: press@brikkapp.com

- Careers: jobs@brikkapp.com

- Partnerships: partnerships@brikkapp.com

Interested in finding out more? Contact us!