Skip to content
Finance Investment, Property Real Estate

MyBrix Launch World First – No Interest and No Repayment Property Finance

MyBrix 3 mins read
MyBrix - The New Way to Fund or Invest In Property



Sydney, Australia, 22 August 2023: MyBrix, a Sydney based Fintech startup has announced that after over two years of development, that they will commence taking applications for their World First No Interest and No Repayment Property Finance in September 2023, and that initial registrations now open.


The bold innovation that MyBrix brings is expected to be as disruptive to property finance and investment as Uber, Airbnb and Afterpay were to their respective markets. By embracing MyBrix, individuals can regain control of their financial situation and invest for a brighter future, without feeling confined by the limitations of traditional interest-based mortgages.


“Whilst charging Interest on funding has a long history and its creation can be traced back to ancient civilisations, it is increasingly out of step with how people want to interact with finance and is not how high-cost assets, such as property, will be funded moving forward,” MyBrix Founder and CEO Brian Stevens said.


No Interest and No Repayment finance means:


  • Mortgage Stress will become a thing of the past. Property Owners will be able to choose how they spend their household income without the burden of increasing monthly bank loan repayments.


  • Mortgage Cliffs will no longer hold fear for Property Owners, and they won’t be forced to sell their property due to huge jumps in monthly bank loan payments.


  • Mortgage Prison will not exist, as credit assessment and serviceability no longer apply. The quality of the property and its growth potential now become the determining factors to access to funding.


  • The owners of rental properties will be able to retain their assets and keep their properties within the rental pool, rather than being forced to sell and reduce the overall rental pool which inevitably forces rents to increase to unsustainable levels.


  • There will be less pressure on rental rates as Landlords won’t have ever increasing mortgage repayments driven by higher interest rates.


“We are now seeing the effects of the recent aggressive interest rate hikes on families across Australia as well as the economy in general. Using Interest rates to regulate economic activity does not consider the people who bear the significant increases in the cost of life’s necessities such as food, power, mortgage payments and rent,” Stevens said.


MyBrix is a peer-to-peer funding platform that allows Property Owners to sell their mortgage debt to Investors who buy fractional interests in that property. The Property Owner gets to payout their bank loan and both the owner and the investor share in the capital growth of the property. Unlike previous attempts to provide the benefits of Real Estate fractionalisation, MyBrix empowers homeowners to retain ownership while accessing funds for their financial needs and is available for any residential property in Australia, not just a curated subset. MyBrix significantly reduces the costs to all parties and increases the availability of funding.


MyBrix is the new way to fund or invest in real estate in Australia, providing a transparent, innovative, and empowering way to own and invest in property. The MyBrix platform is secure, scalable and ready to disrupt the traditional Australian property funding and investment markets.


Registrations for both Property Owners and Investors to be part of this groundbreaking innovation are now open at



Key Facts:

World First No Interest and No Repayment finance means:

·  Mortgage Stress will become a thing of the past.

·  Mortgage Cliffs will no longer hold fear 

·  Mortgage Prison will not exist.

·   Keeps more properties in the rental pool

·   Less pressure on rent increases 


About us:

MyBrix is an innovative Australian based Fintech startup built from the ground up to help Property Owners and Investors, as well as shape the future of property finance. We want to solve the many problems associated with acquiring a home or investing in property by challenging and changing how people access and acquire property in a way that is not achievable through traditional models.

Our vision is to enable anyone to be a Homeowner or Property Investor, whether they are buying their first home or if they are a multi-property Investor. We are revolutionising the way Australian’s own and invest in property by creating a new property funding paradigm.

Contact details:

MyBrix Pty Ltd

Brian Stevens - MyBrix Founder and CEO

(02) 8776 8311


More from this category

  • Finance Investment
  • 21/06/2024
  • 19:52
BTCC Exchange

BTCC Exchange Celebrates 13 Years with Major Milestones and Exciting New Features

VILNIUS, Lithuania, June 21, 2024 (GLOBE NEWSWIRE) -- BTCC Exchange, a leading global cryptocurrency platform, proudly celebrates its 13th anniversary this June, marking over a decade of innovation and commitment to the community. The exchange has achieved major milestones in registered users and trading volume and has new features in store for its users.A Media Snippet accompanying this announcement is available by clicking on this linkIn its 13th year, BTCC reached significant milestones, witnessing its 4th Bitcoin halving with futures trading volume hitting 16.2 billion USDT on April 20, 2024, from a total registered user base of 2.8 million. To…

  • Finance Investment
  • 20/06/2024
  • 23:52

Intech Launches U.S. Small-Mid Cap Enhanced Plus Strategy with Over a Half Billion in Initial Funding

WEST PALM BEACH, Fla., June 20, 2024 (GLOBE NEWSWIRE) -- Intech, a global quantitative equity manager, proudly announces the launch of its U.S. Small-Mid Cap (SMID) Enhanced Plus strategy, backed by a substantial initial investment exceeding half a billion dollars. This new mandate underscores Intech’s sustained growth and strategic innovation, setting Intech U.S. Small-Mid Cap Enhanced Plus strategy apart from competitors with its unique approach and competitive fee structure.1Key Differentiators in a Competitive MarketDistinctive Alpha Source: Aims to use stock price volatility and correlations to deliver an uncorrelated alpha source for portfolios.Enhanced Indexing: Moderate, systematic deviations from the index seek…

  • Property Real Estate
  • 20/06/2024
  • 15:07
Mountain Assets

Mountain Assets Wins Most Outstanding Professional Services at 2024 Sutherland Shire Local Business Awards

SYDNEY, Australia, June 20, 2024 (GLOBE NEWSWIRE) -- Mountain Assets is proud to announce that we have been awarded the Most Outstanding Professional Services at the 2024 Sutherland Shire Local Business Awards. The prestigious award was presented at a grand ceremony held at Doltone House, Sylvania Waters, yesterday, June 19, 2024.The Sutherland Shire Local Business Awards are a celebration of the exceptional businesses in the local community, recognizing those who have made significant contributions through their services, innovation, and commitment to excellence. This award highlights our dedication to providing top-tier professional services and our unwavering commitment to client satisfaction. This…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.