Real Estate

Fundrise Updates on Ongoing Reg A+ Offering: 4.4 Million Shares Sold so Far

Fundrise, an online real estate investment platform, has filed an updated Form 1-A with the Securities and Exchange Commission that provides insight into their ongoing share offering. Fundrise commenced a securities offering for “Rise Companies Corp.” back at the beginning of 2017. When first revealed,… Read More

UK Government Announces Winners of Prize by Tech Firms Helping UK Renters Boost their Credit Score

The UK government has announced the names of three Fintechs that have won their “Rent Recognition Challenge.” The competition was simple: find a way to incorporate rent within credit scores to make it easier for renters to gain a mortgage. The three firms are: Bud:… Read More

Fintech Sancus Expands Operations in Ireland with New Hires

The Sancus BMS Group has expanded their business in Ireland with two new appointments from the property finance sector. According to Sancus, Michael Mooney has joined the Group as Managing Director of Sancus BMS (Ireland) Limited and Geoff Savage as Director of Lending. Sancus CEO Andrew… Read More

LendInvest Debuts Exclusive Five-Year Fix Product Through Buy to Let Club

Following the recent changes on its marketplace lending platform, UK-based LendInvest announced the launch of an exclusive five-year fix product through the lender’s Buy to Let Club. The lender reported that the product is Designed for landlords who wish to utilize a higher fee, lower… Read More

LendInvest Product Changes: Removes Debenture & Reduces ICR Assessment Rates For Buy-to-Let Loans

UK-based marketplace platform for mortgages LendInvest recently announced it has removed its debenture and floating charge to its Buy-to-Let (BTL) loan product. The online lender reported that it will no longer require a debenture or floating charge on limited company applications. According to LendInvest, as part of its… Read More

Why Real Estate Deals, Not Startups are the Big Success Story of Equity Crowdfunding

Equity crowdfunding for startups was supposed to be a game-changer. The excitement began in 2013 when Title II of the JOBS Act gave individuals who met certain requirements for income or net worth—called accredited investors—the ability to invest in some types of assets that had… Read More

ArborCrowd Announces Latest New institutional-Quality Multifamily Real Estate Deal

Commercial real estate crowdfunding platform ArborCrowd announced on Wednesday its latest investment opportunity for investors to acquire equity interests in Cove West Hartford, which is a 200-unit apartment community in West Hartford, Connecticut. According to ArborCrowd, the six-building complex is ideally situated just 2.5 miles from downtown… Read More

Crowdstreet Raises $8 Million Through Series B Funding Round Led By Grotech Ventures

Commercial property investment marketplace CrowdStreet announced on Tuesday it secured $8 million through its Series B funding round to fuel its next stage of growth. The latest funding round was led by Grotech Ventures, with the continue participation from existing investors Rally Ventures, Seven Peaks… Read More

Big Series A Round for Real Estate Fintech Skyline AI, Plans Expansion into Other Asset Classes

Skyline AI, a tech based real estate investment firm using proprietary artificial intelligence (AI) and data science, has raised $18 Million in a Series A Round. The funding was led by big name VCs such as Sequoia Capital and TLV Partners. Additional participation  came from… Read More

eMoov Completes Latest Crowdcube Round With More Than £1.9 Million in Funding

Online real estate agency eMoov closed its latest equity crowdfunding campaign on Crowdcube earlier this week after securing a grand total of £1,914,790 from 1111 investors. The campaign, which was originally supposed to close at the beginning of August, made its debut at the end of… Read More

P2P Lender CrowdProperty Claims Residential Property Funded in Under 10 Minutes for £925,000

Peer to peer property lender CrowdProperty is out with a note saying they funded a £925,000 residential property in under ten minutes. To be exact, 9 minutes; 51 seconds. CrowdProperty adds that 60% of projects launching in 2018 each funding under half an hour. CrowdProperty states… Read More

DBS Launches Southeast Asia Bank-Led Property Marketplace

DBS announced on Tuesday the launch of Southeast Asia’s largest bank-led property marketplace. DBS claims it is also the first bank in the region to launch an online property marketplace that offers listings from both agents and owners. According to DBS, the DBS Property Marketplace… Read More

Proplend Milestone: Platform Lending Surpasses £40 million & Receives Maximum Rating From 4thWay

Proplend, a UK based peer to peer lender in the property space, recently announced that its platform lending has surpassed 40 million. The company also noted that it also retains a maximum rating from specialist P2P lending rating agency, 4thWay. PropLend reported that 4thWay recently revised… Read More

London Proptech Firm Goodlord Forms New Open Banking Partnership With TrueLayer

Goodlord, a UK-based proptech platform, has formed a new open banking partnership with TrueLayer. Founded in 2014, Goodlord reports that its cloud-based platform is trusted by hundreds of agencies across the UK. The company has created a one-stop-shop by providing access to a dynamic suite… Read More

Propy Executes Blockchain Property Deal in California

California blockchain startup Propy announced on Monday it executed its first blockchain property in California. According to Propy, the Bitcoin-to-Bitcoin sale of 10 acres of land in Southern California was processed through the Propy’s Transaction Platform and every step of the deal was executed through Ethereum smart… Read More

Backed by Lord Stanley Fink, British Pearl Raises £7 Million Funding Round for Debt & Equity Property Platform

British Pearl, a property crowdfunding platform offering both debt and equity investments, is reporting a £7 million investment led by Lord Stanley Fink. British Pearl says the investment is indicative of a resilient property market even as Brexit looms. Lord Stanley Fink , has been engaged… Read More

NOON Capital Seeks to Offer Blockchain based Real Estate Investments in Southeast Asia

NOON Capital, a company with offices in Singapore and Thailand, is getting into the business of real estate on blockchain. While not the first entity to securitize investments in real estate, NOON says they are the first in Southeast Asia. According to their web site;… Read More

LendInvest Update: BTL Index Reveals Transaction Volumes Dip as Remortgage Deals Spike

Marketplace platform for mortgages, LendInvest, announced on Tuesday the release of its latest LendingInvest Buy-to-Let Index report, which ranks 105 postcode areas around England and Wales based on the combination of four critical metrics, capital value growth, transaction volumes, rental yields, and rental price growth…. Read More

Tandem Reaches 250,000 Customers & Announces Mortgage Market Launch Plans

Just two months after surpassing 100,000 customers, UK-based challenger bank Tandem has successfully attracted 250,000 customers to its platform. Not only is the fintech celebrating the number of users, it is also reportedly planning to launch its very own mortgage market.  According to Financial Reporter, Tandem… Read More

Without Papers? Yes! LendInvest Partners with Onfido to Confirm Identity Online

Who are you? LendInvest, a UK marketplace platform for mortgages, and Onfido, an identity verification provider, have partnered to streamline LendInvest’s digital application process for its Buy-to-Let (BTL) product to determine identity. In November 2017, LendInvest launched its first BTL product with a digital application process; the… Read More