Tuesday, January 26, 2021

RealtyMogul targets $50m commercial real estate fund

Online real estate investment marketplace RealtyMogul is launching its first crowdfunded commercial property, MogulREIT I.

New FinTech innovator disrupts real estate industry

A FinTech startup, announced their proprietary SaaS cloud-based service had been successfully engaged to facilitate several hundred million dollars in commercial loan transactions. Read more: www.pressreleaserocket.net

Raise.me pockets $12m to change student loans

College financing app Raise.me has scored $12m in Series A funding to offer micro-scholarships. Redpoint Ventures led the round. Read more: www.fintechroundup.com

BillFront takes $35m for digital media financing

Digital media-focused invoice financing startup BillFront has picked up $35m in a Series A round. The funding is described as a combination of debt and equity. Read more: www.fintechroundup.com

Vyze’s grip narrows gap between retailers and lenders

Credit is the lifeblood of many an economy and consumer, and it is also crucial for retailers. Read more: www.pymnts.com

Goldman signs $100m credit facility for lender Fundation

Fundation, which makes online business loans, this week completed a $100m credit facility with Goldman Sachs to expand its recent partnerships. Read more: www.wsj.com

Dating services come between Sofi and bank licence

Social Finance is unlikely to seek a banking license because its involvement in unorthodox activities like dating services would make it hard to win approval from regulators. Read more: uk.reuters.com

LendingHome’s investor platform hits $100m invested

LendingHome announced that $100 million has now been invested on its platform for individual investors. Read more: www.lendinghome.com

Kuber Financial strategically acquires Mobilend

Kuber Financial, LLC, has announced the acquisition of Mobilend, Inc., a mobile SaaS lending platform. Read more: www.crowdfundinsider.com

Clara nabs $27m in VC funding for mortgage lending platform

California-based FinTech startup Clara has raised $27m in a second round of financing led by Redpoint Ventures and Venrock. Read more: www.altassets.net