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Why Revolution Growth is Investing in Orchard

Revolution

Revolution Growth has long invested in tech-driven companies that are disrupting legacy industries, particularly where there is a distinct opportunity to modernize the customer experience. Orchard’s customer service is also enhanced by their local real estate brokers who are hired full-time as home advisors (vs.

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The fintech layoffs just keep on coming

TechCrunch

Opendoor co-founder and CEO Eric Wu said his company, a publicly traded real estate fintech, was navigating “one of the most challenging real estate markets in 40 years.”. InterPrice Technologies, a treasury capital markets funding platform, announces a $7.3M This is around 500 people. And elsewhere.

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Ribbit Capital leads $26.7M round for Brazilian fintech Cora

TechCrunch

Cora , a São Paulo-based technology-enabled lender to small-and-medium-sized businesses, has raised $26.7 million in a Series A round led by Silicon Valley VC firm Ribbit Capital. Kaszek Ventures, QED Investors and Greenoaks Capital also participated in the financing, which brings the startup’s total raised to $36.7

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Latin America’s second wave of digital transformation

TechCrunch

Julio Vasconcellos is the managing partner of Atlantico , a venture capital fund focused on Latin America. Much has been written about Latin American fintechs, which last year drew 40% of the region’s venture capital investment. Julio Vasconcellos. Contributor. Share on Twitter. More posts by this contributor.

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Fintech Roundup: Proptech’s roller coaster, an ex-Better.com exec’s new gig and Alchemy’s true valuation jump

TechCrunch

Like many other online real estate brokerages, Homie pledged lower commissions and a more streamlined process. Also, like many other real estate brokerages, it has attempted to become a one-stop shop for home buyers and sellers by branching out into loan, insurance and title services. . YC-backed Duplo raised a $1.3M

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Real estate developer turned prefab home builder Veev closes on $400M in fresh funding

TechCrunch

Veev, a real estate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” Interestingly, Veev Group started its life as a traditional real estate developer and asset manager.

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Varo’s bank charter milestone, more corporate cards and BNPL under a microscope

TechCrunch

will have the ability to use Square in English or Spanish, “including key products like Square Banking to unlock access to financial services and Square for Restaurants to enable seamless, bilingual communication between front- and back-of-house staff.”. This means that millions of Hispanic-owned businesses in the U.S. See you next week!