Macondo
Macondo (Conecty S.A.S.) is a Bogotá-based digital platform that lets Latin American retail investors buy fractional ownership in US real estate from $1,000 via blockchain-tokenized SPVs, generating USD rental income under the Bricksave umbrella.
- Company typePrivate
- Founded2015
- HeadquartersBogotá, Colombia
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Macondo does
Macondo is a Bogotá-based digital real estate investment platform, legally operated by Conecty S.A.S., that enables Latin American retail investors — primarily in Colombia — to acquire fractional ownership in US properties starting at $1,000 per fraction. The platform tokenizes property equity through Special Purpose Vehicles (SPVs) and blockchain-based digital assets priced at $1 per token, with integrated custody, wallet (supporting USDC), and intermediation services. Property selection, acquisition, renovation, tenant management (often under Section 8 government-backed rental programs), and ongoing administration are handled in-house, providing users a fully passive USD-denominated income stream and currency-hedging exposure.
The business generates revenue through intermediation commissions on token acquisitions and custody fees on user-held digital assets, supplemented by a referral rewards program. Distribution is direct-to-consumer and community-led, leveraging a Spanish-language content blog, social media (Facebook, Instagram, LinkedIn, TikTok), WhatsApp-based sales support, and earned media in major Colombian outlets (Forbes, Portafolio, La República, Semana, Valora Analitik, Pulzo). A lightweight AI assistant ("Camila") handles basic support inquiries.
Since November 2023 Macondo has operated as a subsidiary of Bricksave, a UK fintech that has financed 260+ properties globally since 2016. The integration provides Macondo users access to Bricksave's Swiss DLT regulatory approval and a multi-city property pipeline (Chicago, Detroit, Philadelphia, Lisbon, Vienna, Barcelona), while Carlos Andrés Chávez remains CEO. Reported scale metrics include 48,400+ registered users, $56.7M+ invested through the platform, $20.7M+ distributed to investors, and 357+ properties under administration.
Macondo firmographics
Firmographics- Name
- Macondo
- Legal name
- Conecty S.A.S.
- Website
- https://soymacondo.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Macondo (Conecty S.A.S.) is a Bogotá-based digital platform that lets Latin American retail investors buy fractional ownership in US real estate from $1,000 via blockchain-tokenized SPVs, generating USD rental income under the Bricksave umbrella.
- Ownership category
- akta.pro rank
Macondo industry classification
Industry- Product category
- Real Estate Crowdfunding
- NAICS
- All Other Consumer Goods Rental (532289)
- akta.pro primary industry
- Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE)
- akta.pro secondary industry
- Crypto Merchant Acquirers & PSPs (Payment Service Providers) (FSADAIAB)
Keywords
Where Macondo is headquartered
LocationHeadquarters
- HQ city
- Bogotá
- HQ country
- Colombia
- HQ region
- Latin America
Offices2 records
Markets served
Macondo business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales
Revenue model
- Intermediation Commission: Commission charged to users for the Service of Intermediation, where Macondo acquires digital assets on behalf of users by instruction. The commission value is informed through the Platform before transactions.
- Custody Service Fee: Fee charged for the custody service of users' digital assets (tokens representing property fractions). Custody is maintained through virtual wallets on blockchain networks.
- Referral Rewards (Cost to Company): Macondo offers referral bonuses to users, paid in digital assets, for each new user who registers and makes their first payment within 30 days. This is a customer acquisition cost offset by lifetime value.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Minimum investment starting from $1,000 USD |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels6 records
Macondo product offering
Product offeringCore offering
Macondo operates a digital investment platform that enables Latin American (primarily Colombian) retail investors to acquire fractional ownership of U.S. rental properties starting from USD 1,000. Each property is legally divided through Special Purpose Vehicles (SPVs) into fractions represented by blockchain-based digital tokens, with the platform handling property selection, acquisition, renovation, tenant management, rental distribution, and digital asset custody end-to-end.
Product overview
Macondo is a real estate crowdfunding platform that enables Latin American investors to purchase fractional ownership in US properties. The core product is the Macondo Platform (web and app) which provides access to a marketplace of pre-selected US properties with 100% government-backed Section 8 rental income. The platform operates a four-step legal model: establishing SPVs, transferring property titles, dividing SPVs into $1 units, and issuing digital tokens. Key modules include the Wallet for managing funds and dividends, Digital Asset custody services on blockchain, the Referral Program for user rewards, and an Intermediation Service for token purchases. Educational resources are provided through the Macondo Blog, while Camila serves as a virtual assistant for support. The platform recently integrated with parent company Bricksave, gaining access to their global property portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- Macondo Platform
- Digital Assets (Property Tokens)
- Macondo Wallet
- Custody Service
- Intermediation Service
Quantifiable outcome
- Properties offering approximately 7.18% total rental income returns (example from Chicago property)
- +2 more outcomes
Companies that use Macondo
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles1 record
Macondo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Macondo partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- BricksavecoreMacondo was acquired by Bricksave, a UK-based fintech and global leader in fractional property investment since 2016. Bricksave has financed 260+ properties and provided $6M+ in returns to investors. The acquisition gives Macondo users access to Bricksave's global property portfolio and integrates Macondo's token structure with Bricksave's Swiss DLT regulatory approval. Tom de Lucy is CEO of Bricksave; Sofía Gancedo is Co-founder. Bricksave operates in Chicago, Detroit, Philadelphia, Lisbon, Vienna, and Barcelona.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Macondo competitors and assessment
Company assessmentDirect peers
- RealT: US-focused platform tokenizing individual rental properties with on-chain ownership, USDC rent payouts, and low minimums. Most directly comparable to Macondo on the technology (ERC-20 token per property, custody wallet, rental distribution) and the retail-investor minimums.
- Reental: Spanish-language fractional real estate tokenization platform originating in Spain/LATAM with properties in the Dominican Republic and other markets. Closest competitor on the combination of Spanish-speaking go-to-market, tokenized property fractions, and small minimum investment.
- Bricksave: UK-based parent company of Macondo and the original fractional US real estate tokenization platform. Operates the same underlying SPV + token architecture and serves as the global supply and DLT-compliance backbone that Macondo's Colombian user base plugs into.
- Brickstarter: Mexico-based real estate tokenization/crowdfunding platform offering fractional property exposure to LATAM investors. Directly competes for the same cross-border, low-ticket LATAM investor in tokenized real estate.
Broad incumbents
- Fundrise: Largest US retail real estate crowdfunding/eREIT platform with diversified funds and individual-deal access. Comparable on fractional US real estate exposure for retail investors, but operates without tokenized/blockchain custody layer.
- Crowdstreet: US commercial real estate crowdfunding platform focused on accredited investors with individual sponsor-deal access. Comparable online marketplace model for individual property investment, but at higher ticket sizes and accredited-only.
- Yieldstreet: US alternative-investment platform offering real estate and other yield-generating assets to retail investors. Comparable retail-facing diversification-into-hard-assets value proposition and recurring income narrative.
- RealtyMogul: US real estate crowdfunding platform serving both retail and accredited investors with individual property and REIT products. Competes for the same dollar-denominated property yield narrative targeting retail investors.
Emerging players
- Masterworks: Platform that fractionalizes blue-chip art via securitized shares; comparable on the "fractionalize an otherwise inaccessible asset for retail investors" playbook, although the underlying asset class (art) and SEC-registered security structure differ from Macondo's token model.
Others
- Ontop: Colombia-based fintech offering USD bank accounts, payments, and cross-border payroll for LATAM workers. A potential Bricksave/Macondo customer (already cited as employer of a Macondo investor) and adjacent ecosystem player serving the same Colombian/USD-diversification audience.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Macondo social profiles
Digital presenceMacondo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Macondo leadership team
Management profileNumber of profiles
Profiles6 records
Macondo funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Macondo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Macondo
What does Macondo do?
Macondo operates a digital investment platform that enables Latin American (primarily Colombian) retail investors to acquire fractional ownership of U.S. rental properties starting from USD 1,000. Each property is legally divided through Special Purpose Vehicles (SPVs) into fractions represented by blockchain-based digital tokens, with the platform handling property selection, acquisition, renovation, tenant management, rental distribution, and digital asset custody end-to-end.
Is Macondo a public or private company?
Macondo is a private company. It is classified as corporate owned and is currently operating.
When was Macondo founded?
Macondo was founded in 2015. It employs 1 to 10 people.
Where is Macondo based?
Macondo is headquartered in Bogotá, Colombia, in the Latin America region.
How does Macondo make money?
Three revenue lines are on record. Intermediation Commission is the primary driver. The others are custody Service Fee and referral Rewards (Cost to Company).
Who are Macondo's main competitors?
Direct peers on record are RealT, Reental, Bricksave and Brickstarter. Broad incumbents are Fundrise, Crowdstreet, Yieldstreet and RealtyMogul. Masterworks is listed as an emerging player. Ontop is listed as an others.
Does Macondo have an API?
No public API is recorded for Macondo.
What industry is Macondo in?
Macondo's product category is Real Estate Crowdfunding. Its primary akta.pro industry code is FSAPAIAE, Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls), with a secondary code of FSADAIAB, Crypto Merchant Acquirers & PSPs (Payment Service Providers). Its NAICS code is 532289.