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Founder’s words

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Opening statement

Opening statement

Hi, my name is Gustas Germanavičius. I’m the founder and CEO of InRento and in order to understand the story of InRento, we have to delve into the story of EvoEstate.com - the largest European Real Estate crowdfunding aggregator, a company I have co-founded as well.

Together with my co-founder Audrius Višniauskas, we have decided to create EvoEstate back in 2018 to enable people to invest across different platforms from a single account and provide all the investment features that other platforms lacked.

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As we continued to build EvoEstate we have felt that there's one more thing that the crowdfunding industry lacks - lower-risk real estate crowdfunding opportunities (in my purely personal opinion, buy-to-let crowdfunding or rental properties offer a great risk-reward ratio). This made me wonder, why shouldn’t we create one. Fast forward several months to December 2020, InRento was launched. However, I wouldn't make the final decision without the help of... my mother. She turned to me asking for advice about where to invest €20,000. I could have listed the options, but I knew my mom would not understand either of the products to invest in nor the risks, as it would be too complicated for her. And if a person does not dig deeper into what they are doing with their money and what are the risks, this means the investment product is simply not suitable for them. This is often the case with investing in real estate development projects, although the returns do seem tempting at first.

My goal has always been to encourage people to save money by investing wisely, safely, and consciously. So I created InRento with people like my mother in mind.

In November 2021 InRento acquired a similar platform from Estonia - BitOfProperty - and in March 2022 InRento merged with EvoEstate.

InRento is now the EU’s largest licensed buy-to-let platform.

“InRento is the EU's largest licensed buy-to-let crowdfunding platform.”

Sincerely, Gustas Germanavičius

OPENING STATEMENT

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