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Keyway secures funding to buy property from small business owners and lease it back to them

TechCrunch

Founded in September 2020, the New York-based company – which was previously named Unlock – said it uses data science to “ identify, underwrite and close transactions 10x faster than incumbents.” commercial real estate value. ” It describes itself as a “managed marketplace.”

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End-to-end operators are the next generation of consumer business

TechCrunch

Roger Lee is a general partner at Battery Ventures, based in Menlo Park, CA, who focuses on investments in software and consumer tech, including online marketplaces. He focuses on consumer internet, online marketplace and software investments. Contributor. Share on Twitter. More posts by this contributor. Justin Da Rosa.

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Proptech in Review: 3 investors explain how finance-focused proptech startups can survive the downturn

TechCrunch

Startups operating in the financial side of the real estate tech market suddenly faced a surge in demand, and many departed on hiring sprees to keep up. Predictably, home buyers made hay, taking full advantage of the favorable financial environment to pick up new homes and refinancing mortgages on their existing homes.

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Infogrid raises $90M for its AI-driven building monitoring tech

TechCrunch

. “We are coming off of 5x growth last year and the market is strongly calling for our solutions … We opted for equity because alongside capital, we want strategic partners to help us scale to the next level and we have both VCs and clients and partners investing. This brings value far greater than even the cash.”

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What goes up must come down

TechCrunch

Real estate fintech Redfin announced on November 9 that it was laying off 13% of its staff , or 862 people, in response to the continued slowing of the housing market. Interestingly, Kelman appears to be putting his own personal bets into real estate markets outside the U.S. But I digress. Pymnts has more here.

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Last week, Paystand — a blockchain-enabled B2B payments startup — announced it had acquired Mexican fintech Yaydoo — creating a new unicorn in the resulting new entity. Retail investment behemoth Robinhood laid off 23% of its staff — just 3 months after letting go of 9% of its workforce. and Mexico. and Mexico.

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

TechCrunch

This is particularly interesting because many of the existing corporate card players often point to Concur as an incumbent that they are trying to replace. In other Goldman Sachs news, Bloomberg reported that the investment banking and financial services giant is “ embarking on its biggest round of jobs cuts since the start of the pandemic.”