Real Estate

October 27, 2020 @ 10:26 am By Samantha Hurst  |  

Lendesk, a Canada-based mortgage fintech, announced on Tuesday it has acquired mortgage origination platform Finmo Financial Technologies. According to Lendesk, Finmo helps mortgage professionals offer their clients a truly digital experience. “Finmo’s proprietary Smart Docs algorithms allow brokers to automatically request necessary documents from their… Read More

October 22, 2020 @ 8:38 am By JD Alois  |  

LendInvest, a top property finance platform, says that bridge applications delivered a record quarter in Q3. Signed bridge loan applications were up 65% year-on-year for Q3 2020 compared to the same period in 2019, according to LendInvest. LendInvest reported a significant increase in signed applications… Read More

October 20, 2020 @ 11:02 pm By Omar Faridi  |  

Steve Robson, MD at CapitalStackers, a UK-based peer to peer (P2P) lending platform focused on real estate finance, notes that they’re working with a new borrower, a new location, and also a new bank. The company states in a blog post: “A highly attractive scheme… Read More

October 20, 2020 @ 1:49 am By JD Alois  |  

Zinsbaustein.de, a real estate crowdfunding marketplace, is expanding its model by offering a new real estate fund. In partnership with Primus Valor, the platform is offering an alternative investment fund (AIF), “ImmoChance Deutschland 10 Renovation Plus” (ICD 10 R +) that is said to focus… Read More

October 19, 2020 @ 8:51 pm By JD Alois  |  

Singapore based Proptech Propseller has raised a S$1.7 million (USD $1.2m) seed round, according to a note from the company. Propseller is described as the “modern real estate agency” that facilitates sales, purchases and property rentals. Propseller reports that it is currently transacting around S$… Read More

October 14, 2020 @ 2:36 pm By Samantha Hurst  |  

Nada, a U.S.-based real estate technology startup, recently announced its seed capital round to accelerate its growth and product development. The company has raised nearly $400,000 in funding through its funding round on Republic. Nada set a minimum hurdle of $25,000  – a number it… Read More

October 11, 2020 @ 10:45 am By JD Alois  |  

Last week, LendingClub (NYSE:LC) filed an 8-K with the Securities and Exchange Commission (SEC) indicating its intent to stop offering retail notes by the end of the year. The leading marketplace lender in the US started as a peer to peer lender but over the… Read More

October 7, 2020 @ 12:14 pm By Samantha Hurst  |  

  Dividend Finance Inc., a U.S.-based fintech that specializes in point-of-sale lending to solar and home improvement contractors, announced on Wednesday the launch of a new technology platform. Founded in 2013, Dividend claims it is a leading national provider of renewable energy and energy-efficient financing… Read More

October 7, 2020 @ 7:51 am By Samantha Hurst  |  

Liberty Real Estate recently announced it has launched a single-tenant net-lease security token fund. Liberty reported it is investing in essential business commercial real estate properties with a $30 million initial launch, issued though the Securitize.io platform in conjunction with a partnership with Catalyst Fund… Read More

October 5, 2020 @ 10:17 am By JD Alois  |  

WeInvest Capital Partners, a firm specializing in private equity real estate, real estate asset management and private equity, has selected Tokeny Solutions to tokenize the first real estate fund in Luxembourg. According to a note from Tokeny, WeInvest will use Tokeny’s tokenization services to provide… Read More

October 4, 2020 @ 11:50 am By Omar Faridi  |  

Propy, the US-Bulgarian blockchain-based platform for conducting real estate transactions, has reportedly received an investment from Tim Draper, the legendary venture capitalist who has launched and supported many successful businesses during his extensive career. Propy, which had conducted an initial coin offering (ICO) to raise… Read More

October 2, 2020 @ 2:19 pm By Samantha Hurst  |  

LendInvest a UK-based marketplace for property financing, announced earlier this week it has introduced updates to its Buy-to-Let product range; including raising its LTV and maximum loan limits, and broadening its lending criteria to include first-time landlords and student lets. LendInvest reported it is now… Read More

September 27, 2020 @ 7:00 pm By JD Alois  |  

NYCE, a real estate investment firm, recently raised $1 million using the Reg CF security exemption. Under current rules, $1.07 million is the maximum amount an issuer can raise in an offering. But NYCE used a bit of a different strategy to complete the funding round… Read More

September 25, 2020 @ 8:38 am By Samantha Hurst  |  

Neat Capital, a U.S.-based fintech and digital mortgage lender, announced on Friday it surpassed $2 billion of annualized application volume. Founded in 2015, Neat Capital states it is streamlining home lending with an online application and real-time loan approval. “Today, Neat Capital has redesigned the… Read More

September 24, 2020 @ 1:58 pm By Samantha Hurst  |  

Santander Bank announced on Thursday it has joined forces with Roostify for its digital home lending platform, EZApply. According to Santander, the platform provides a “convenient” way for customers to apply for the bank’s home lending services. Santander further explained that the platform offers a… Read More

September 24, 2020 @ 9:08 am By JD Alois  |  

Property finance Fintech LendInvest has integrated with SIRA, a national fraud prevention and detection database using a service from Synectics Solutions. The move is designed to speed up retrieval of fraud insights for mortgage applications. LendInvest says it has also integrated with SIRA’s API to… Read More

September 23, 2020 @ 10:51 am By Samantha Hurst  |  

DiversyFund, a real estate crowdfunding marketplace, announced on Tuesday it has undergone a period of significant growth in 2020 despite the COVID-19 pandemic. The funding platform reported it saw an increase in customers this year and surpassed the 13,350 milestone. DiverseyFund further noted that it… Read More

September 22, 2020 @ 7:00 pm By JD Alois  |  

CrowdStreet: COVID Will Accelerate Trends Already in Place Real estate investing has been impacted by the ongoing COVID-19 health crisis – as it has many other industries. In the online investing sector, many platforms have reported a rapid decline in activity during the early days… Read More

September 22, 2020 @ 10:19 am By Samantha Hurst  |  

Multinational consumer credit reporting company Experian announced on Tuesday that Virgin Money has launched on its pre-qualification platform to help streamline the mortgage process. According to Experience, Virgin Money will put mortgage eligibility in the hands of homebuyers and intermediaries upon the platform with a… Read More

September 21, 2020 @ 10:08 am By JD Alois  |  

Real estate investment platform Cadre has announced the launch of “Cadre Cash,” a cash savings account with an annualized reward of 3%, according to a note from the company. Beginning today, qualified individuals who invest in Cadre’s real estate offerings may earn an annualized reward… Read More