Wealth Migrate, a global online real estate marketplace, has opened a new office in London and appointed a new country CEO as the firm continues to build on its global presence as part of a strategy to meet growing demand from investors.
The new location comes as the firm continues to expand internationally and adds to its already well-established operations in Hong Kong and Shanghai, China, the US, Australia and South Africa.
"As a leading FinTech hub and market where we have a good deal of assets, opening a UK office has been part of our strategy for a long time," said Scott Picken, co-founder and CEO of Wealth Migrate.
"The new office will allow us to continue to foster relationships with best-in-class proven real estate operators and respond to our investors' increasing appetite for recession-resistant real estate assets in high-quality markets."
Adding to the news of this expansion, Wealth Migrate also announced the opening of their UAE office and the appointment of a new US-based CEO this week.
To head up the new office, Wealth Migrate has appointed Ken Williams as its CEO of Wealth Migrate, UK.
Williams has over 20 years' experience in investment banking in addition to extensive knowledge of regulatory and global financial markets.
He has held executive roles at well-known financial institutions, such as ING, Deutsche Bank and Sanlam, and earned a reputation of successfully launching, managing and growing businesses in the finance and property sectors.
"Mr. Williams' extensive background working for leading global financial institutions, in the world's highly active global emerging markets, will not only provide exceptional value to our UK-based investors but undoubtedly add exceptional value to the organization as a whole," said Hennie Bezuidenhoudt, co-founder and chairman of Wealth Migrate.
"I could not be more pleased with the growth and the trajectory of the company right now."
Ken Williams, CEO of Wealth Migrate UK said: "Having worked in the capital markets for 20 years I see personal online investing as the definitive direction for markets.
"It is where online banking was fifteen years ago - people are becoming increasingly aware that they can go direct and cut out the middle-men who take significant fees and capital appreciation off the top.
“I am excited to have joined Wealth Migrate, deploying revolutionary financial technology to provide investors globally with access to sustainable real estate markets."
The announcements follow a string of successes for the company including when, in October 2016, the firm was the first global real estate platform integrated on Blockchain thereby reducing friction costs and increasing trust and transparency.
This year, the focus has been on dramatically streamlining the user experience with the help of investor feedback thus enabling the long-term vision of making investing as simple as a swipe of a finger and from as little as $1.