Real Estate

February 3, 2021 @ 9:51 am By JD Alois  |  

Divvy Homes, a Proptech that seeks to make homeownership more attainable with flexible ownership, has announced a $110 million Series C equity funding round. The funding was led by Tiger Global Management, with participation from GGV Capital, Moore Specialty Credit, JAWS Ventures, and existing investors,… Read More

February 1, 2021 @ 3:18 pm By Samantha Hurst  |  

CHAOS, a Finland-based proptech startup, recently raised €1.5 million through its latest investment round. According to CHAOS, the round was led by Swedish investment firm Nidoco, with participation from  Kai Keituri, Tapio Heikkilä, and Stefan Lindberg (林渤方). Founded in 2017, CHAOS describes itself as an urban forecasting… Read More

January 29, 2021 @ 12:10 pm By Samantha Hurst  |  

Max Crowdfund, a blockchain-powered real estate crowdfunding platform, announced on Thursday it has expanded its services to New Zealand. The platform will launch in the country under Max Crowdfund NZ Agency Limited.  Max Crowdfund reported that the launch in New Zealand will allow investors to… Read More

January 28, 2021 @ 11:43 am By JD Alois  |  

LendInvest, a top UK based Fintech in the property finance sector, has received a compelling commitment from global banking giant JP Morgan. According to LendInvest, JPM has committed £500 million for future loan originations via LendInvest. This investment follows the sale of a £125 million… Read More

January 26, 2021 @ 3:13 pm By Samantha Hurst  |  

  Just a little over five years after securing a £25 million investment from a London-based hedge fund and consortium of angel investors, hybrid/online estate agent easyProperty has launched an equity crowdfunding campaign on Seedrs. Launched in 2013, easyProperty describes itself as a hybrid/online east… Read More

January 26, 2021 @ 9:45 am By Samantha Hurst  |  

Roostify, a U.S.-based digital lending platform, announced on Tuesday it raised $32 million through its Series C funding round, which was led by Ten Coves Capital with participation from Cota Capital, Mouro Capital, Colchis Capital, Point72 Ventures, and JPMorgan Chase. As previously reported, Roostify describes… Read More

January 25, 2021 @ 1:52 pm By Samantha Hurst  |  

PeerStreet, a leading platform for investing in real estate backed loans, announced on Monday the launch of its new investment product, PeerStreet Pocket. According to PeerStreet, the PeerStreet Pocket product allows investors to earn more interest on their cash. PeerStreet also revealed that PeerStreet Pocket… Read More

January 25, 2021 @ 10:43 am By Omar Faridi  |  

The blockchain and digital assets space is well-positioned for even more growth and adoption in 2021 by mainstream consumers and institutions. The COVID-19 outbreak has dramatically accelerated the shift towards all-digital platforms and services because it’s no longer considered safe to visit physical business locations…. Read More

January 24, 2021 @ 11:53 pm By Omar Faridi  |  

European real estate firm Vonovia has reportedly issued a €20 million digital bond on the Stellar blockchain or distributed ledger tech (DLT) platform through a partnership with firstwire, a web-based marketplace for handling debt financing, and Bitbond, which is Germany’s tokenization and digital asset custody… Read More

January 24, 2021 @ 1:32 pm By Omar Faridi  |  

UK-based Blend Network, a peer to peer (P2P) property lending platform, has revealed that they’re expanding their team of professionals.  Blend Network’s management confirmed that they’re pleased to announce that Chloe Stidston-Lewis has now joined their lending team as a lending associate. Chloe has reportedly… Read More

January 21, 2021 @ 9:06 pm By Samantha Hurst  |  

  BBVA announced on Wednesday it has signed the sale of a portfolio consisting of loans and real estate assets from Unnim for a gross total of approximately €700 million. BBVA reported it closed an agreement with global investment fund company KKR (primarily through its KKR… Read More

January 20, 2021 @ 9:04 am By Omar Faridi  |  

EstateGuru, an Estonia-based peer to peer lender facilitating secured loans, has revealed that it closed 2020 with solid results and performance in December during which the platform’s investors financed a total of €18.3 million worth of loans. EstateGuru confirmed in its loan portfolio overview for… Read More

January 20, 2021 @ 8:24 am By JD Alois  |  

LendInvest, a top UK Fintech providing property finance, is adapting to the ongoing health crisis by scheduling its first virtual conference. The LendInvest Broker Day will host a series of online sessions led by speakers including LendInvest’s Chief Executive Officer, Chief Commercial Officer, Director of… Read More

January 19, 2021 @ 7:29 am By Omar Faridi  |  

CrowdProperty, a property investment platform, has confirmed several key changes to its board, with the recent appointment of Mark Stephens, the former Chief Executive at Allica Bank. Stepehens has joined CrowdProperty as a non-executive director. Stephens, who recently retired from his position at Allica and… Read More

January 18, 2021 @ 11:53 pm By Omar Faridi  |  

Proptee, a new property investment platform that announced in November 2020 that it was planning to launch operations in the United Kingdom in January 2021, has released an update in which it noted that they believe that as a company or business, they’ll do better… Read More

January 18, 2021 @ 12:49 pm By Samantha Hurst  |  

  Perenna, a UK-based mortgage fintech startup, announced on Monday it secured $10 million through its Seed funding round, which included investments from Kevin Flaherty, the former head of structured products at Deutsche Bank, Tony Mallin MBE, managing partner of Star Capital. Founded in 2018,… Read More

January 17, 2021 @ 10:59 pm By Samantha Hurst  |  

  Porch Group, a U.S.-based vertical software company focused on the home services industry, recently announced it has acquired four companies and has begun to expand into insurtech. Founded in 2012 as an online home improvement network, Porch claims it has grown into the industry-leading… Read More

January 15, 2021 @ 10:35 pm By Omar Faridi  |  

UK-based LendInvest, a property finance platform, has reportedly told its investors that it’s well-prepared to deal with new lockdown measures. This, after making upgrades to its business processes, risk mitigation efforts and various financial metrics during the lockdown enforced in March of last year. The… Read More

January 15, 2021 @ 8:13 pm By Samantha Hurst  |  

  Real estate crowdfunding platform GROUNDFLOOR announced earlier this week a new pilot program to spur the development of more accessory dwelling units (ADUs) in the Atlanta jurisdictions. According to GROUNDFLOOR, the initiative is designed to support developers who seek financing for the renovation or new construction… Read More

January 15, 2021 @ 11:30 am By Omar Faridi  |  

We recently caught up with Uma Rajah, CEO and Co-founder at CapitalRise, a UK-based prime property lending platform. CapitalRise is an investment platform that seeks quality over quantity with just 2% of deals being approved by the platform. Sophisticated or high net worth investors may… Read More