Wealth Migrate appoints tech entrepreneur Justin Clarke as chairman
Clarke is a seasoned technology entrepreneur and has over 20 years' experience building global real estate marketplaces
Wealth Migrate, the blockchain-based global online real estate platform, today announced that serial entrepreneur and real estate technology thought leader, Justin Clarke, has been elected as Chairman of the Board of Wealth Migrate Holdings.
Founded in 2010, Wealth Migrate opens the opportunity for retail investors to collaboratively invest in international commercial real estate while simultaneously reducing complexity through its proprietary Global Investment Due Diligence System. The platform simplifies the entire real estate discovery and transaction process from taxation and structuring through to meeting KYC and AML verification requirements for cross-border transactions. The company has already executed over 1 790+ transactions, with an equity value of $71,4 million from investors in 44 countries. The total Deal Value of all projects stands at a value of $485+ million with members in 111 countries.
The firm has been a partner of the Finance Indaba and an entrant in the African FinTech Awards for the past two years.
Clarke is a seasoned technology entrepreneur and has over 20 years’ experience building global real estate marketplaces. He has co-founded two highly successful companies – Private Property and One Africa Media. At Private Property, Clarke led the company from inception, through several rounds of funding, to become the leading internet marketplace for real estate in South Africa. One Africa Media, founded in 2012, is Africa's biggest internet classifieds business operating across eight countries.
“It’s really exciting to be part of a team building a marketplace that democratizes wealth creation by making it easy for small emerging market investors to access blue chip commercial grade properties in stable first world markets. We already have a multi-billion USD supply pipeline and real estate investors from 44 countries, but to truly reach the inflection point we want to make it so easy you can invest $100 in a property in, as example the USA, by swipe of a finger, no matter where you are.”
“We are thrilled that someone of Justin’s character and experience has firstly joined the Wealth Migrate board and now also taken on the role of chairman,” said Scott Picken, founder, and CEO, Wealth Migrate. “In the first 12 months as a Director, he has already had a massive impact and has played a critical role in guiding the company to focus on what is most important for a high growth technology company.”
Over the last year, Wealth Migrate co-founders, Scott Picken and Hennie Bezuidenhoudt, have proactively sought to strengthen the Wealth Migrate board with fintech and marketplace experience to complement the team’s existing real estate and technology expertise. Mr. Clarke was elected to chairman of the board from that lens, and will primarily focus on the platform, team, execution, and growth.
“The growth Wealth Migrate has seen in recent years has been tremendous. With the focus now on scaling the company, Justin’s deep experience in growing technology and marketplace companies will be invaluable,” said Hennie Bezuidenhoudt, co-founder, Wealth Migrate. “This move will also allow me to focus on ensuring the quality and safety of Wealth Migrate’s investment opportunities, another imperative to our success.”