Thursday, August 17, 2017

San Francisco real estate FinTech hiring to expand into Florida

The move reflects just how fast the so-called iBuyer market is expanding, as some homeowners opt for a quick sale to Opendoor or its rival OfferPad. Read more: www.bizjournals.com

Blend launches native mobile app

Blend, a startup that helps lenders make better mortgage lending decisions, announced a native mobile app last week. Read more: finovate.com

PropTech company Lavanda picks up £1m from Angel investors

UK-based PropTech company Lavanda has reportedly closed a £1m Angel investment round. Read more: fintech.global

Financial resources FCU revamps online mortgage tech

Financial Resources Federal Credit Union in the US state of New Jersey has implemented Roostify’s mortgage technology platform. Read more: www.bankingtech.com

STORE Capital receives $377m from sale of 18 million shares

STORE Capital Corporation has received a $377m investment from Berkshire Hathaway, who picked up 9.8 per cent of outstanding shares. Read more: fintech.global

Pillow closes Series A led by Mayfield on $13.5m

Pillow has closed its Series A funding round on $13.5m, led by California-based venture capital firm Mayfield. Read more: fintech.global

Precise Real Estate Solutions bags $1.5m for Series A

Los Angeles-based Precise Real Estate Solutions has netted $1.5m for its Series A investment round. Read more: fintech.global

Property management platform Settled picks up £1.2m

UK-based Settled has reportedly picked up a £1.2m funding round from Connect Ventures and Piton Capital. Read more: fintech.global

Fundrise launches first Robo-Advisor for real estate

Fundrise, one of the leading online investment platforms for real estate, has created a Robo-Advisor focused on real estate. Read more: www.crowdfundinsider.com

Could PropTech change the face of commercial real estate forever?

What's driving the rising tide of commercial PropTech, and does it represent a fundamental challenge to older, more traditional commercial agents? Read more: techcitynews.com