TechCrunch
NOVEMBER 2, 2022
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.
TechCrunch
MARCH 4, 2022
Keyway , a startup that buys property from small and medium-sized business owners and then leases it back to them, has secured $70 million in debt financing on the heels of a $15 million equity raise. And 20% of transactions fall through because the buyer didn’t have guaranteed financing.” commercial real estate value.
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TechCrunch
JUNE 30, 2021
The latest startup to raise venture money with the goal of making the process “smarter and faster” is one that was founded by a pair of executives that spent years at real estate giant Zillow. according to Crunchbase), but especially for the real estate tech space (perhaps the largest ever). They were once rivals.
TechCrunch
JANUARY 22, 2021
The key purpose of being end-to-end is to deliver an even better value proposition to consumers relative to incumbent alternatives. In the graphic above, notice that most of these companies play in the largest, but notoriously archaic industries like banking, insurance, real estate, healthcare, etc.
TechCrunch
MAY 8, 2022
Led by Lindsay Holden, the startup had raised more than $20 million in funding and had built a gamified finance mobile app that aims to help people “save, learn and engage” with their finances. In other words, incumbents in some cases need fintechs even as they compete with them. million in a round led by Firebrand Ventures.
TechCrunch
NOVEMBER 13, 2022
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. Weekly News.
TechCrunch
MARCH 27, 2022
Startups like these are keeping the incumbents (relatively speaking) on their toes. Robinhood expands into consumer finance while Apple steps up its fintech game. The venture says it seeks to raise up to $150 million in total equity to fund investments “in technology-driven opportunities related to all sectors of real estate.”.
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