article thumbnail

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.”

article thumbnail

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

TechCrunch

As consumers grew more comfortable with the web, marketplaces like eBay, Etsy, Expedia and Wayfair* emerged, enabling historically offline transactions to occur online. The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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

TechCrunch

“I set out to answer that problem and defeat the incumbent solution — the clipboard — and that’s the seed that became Infogrid today.” “There is a major transformation underway in real estate as people reduce their footprint and are forced to take sustainability seriously,” De Gruchy said.

article thumbnail

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.

article thumbnail

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. For years, the real estate technology company has touted itself as using its pricing technology to provide “more accurate offers and lower costs,” said the FTC.

article thumbnail

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. Residential real estate marketplace Sundae last week conducted its second layoff this year. These companies, of course, join a plethora of others in the U.S.