Real estate fintech platform Opendoor appears to be crushing it; they have raised some $1.3 billion in equity and around...
Last year I wrote a piece about many of the companies who have participated in LendIt Fintech’s startup competition over...
A Medium post outlines some of the most interesting players in real estate tech, also known as PropTech across the globe; Opendoor, PeerStreet, RealtyShares are just a few of the names making the list which covered companies in many different niches. Source
In this guest post Tobias Briegel explores the intersection of blockchain technology and real estate. Source
Investing startup Wealthfront is adding a new feature to their Path platform to help users with home buying; “With the introduction of Path’s home planning service, our clients can now easily plan for all of their major life milestones — from saving for their children’s future to one day retiring — with just a few taps on their phone,” said Andy Rachleff cofounder and CEO of Wealthfront to Business Insider; the new feature will use real estate dat from Redfin to help users explore the housing market and see whether or not they can afford a home. Source.
Technology has made a lot of improvements to the housing market, but the core issue of affordability has yet to...
PeerStreet’s Series B round was led by World Innovation Lab with participation from Andreessen Horowitz, Thomvest, Colchis Capital, Felicis Ventures, Solon Mack and Navitas Capital; PeerStreet is a marketplace for fix and flip loans; the company said funds will be used to expand to new types of loans and that the company may also be adding more international investors. Source
The bonds have a minimum investment of £2,000 and offer investors a 5.37% return per year until 2023; the offer will close at or before 12 pm on March 29th; Christian Faes, co-founder of LendInvest stated, “We are delighted to be coming back to the market so soon after the successful issue of our first oversubscribed bond in August 2017.” Source
[Editor’s note: This is a guest post from Tobias Briegel, a cryptocurrency and blockchain enthusiast and National Account Manager at Chetu...
Real estate investing startup Cadre signed a partnership with Goldman Sachs to allow their private wealth clients access to the platform; Cadre has already been able to secure $250mn in commitments from Goldman’s clients and has said their is a steady stream still in the pipeline; private wealth clients will get a log in for Cadre and access to vetted deals in commercial real estate; in addition to the partnership Goldman Sachs also becomes and investor in the company. Source