Marrfa, an innovative platform aimed at changing the cross-border real estate investment landscape, said it has successfully closed its pre-seed funding round of an undisclosed amount. This round is led by Foundamental, a global VC firm based in Berlin, Germany, and also sees significant investment from Prashant Malik, General Partner at Tykhe Block Ventures, in his individual capacity.
Founded by serial entrepreneur Jamil Ahmed, Marrfa is set to democratise access to high-yield real estate investment opportunities worldwide, specifically targeting the challenges within the $270 billion unstructured cross-border real estate market.
Ahmed, credited with co-founding Fashinza and scaling it to a $300 million valuation across four continents within three years, is utilising his vast experience in cross-border investments and trade flow to innovate within the traditional real estate industry. Marrfa introduces a seamless platform for identifying lucrative real estate investment opportunities, enabling comprehensive information access with a single click.
«Marrfa is on a mission to unearth the potential of niche real estate markets and provide retail investors worldwide with unparalleled access. This investment from Foundamental and Prashant Malik underscores our vision and the confidence in our ability to disrupt conventional real estate investment models. We are dedicated to ensuring that high-yield investments become accessible to all, addressing the intricate challenges of the $270 billion unstructured cross-border