article thumbnail

Burn, baby, burn. Real estate-focused fintech startups feel the heat

TechCrunch

Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. Layoffs in the sector began — and they took place in a range of real estate tech companies, big and small. Low interest rates mean more purchases and refinances. Image Credits: Twitter.

article thumbnail

Vontive wants to be the Palantir of real estate investing

TechCrunch

residential real estate market has been booming because of the pandemic. Vontive , an embedded mortgage platform for investment real estate that just came out of stealth, is trying to streamline some of those processes by helping mortgage lenders upgrade their tech. housing crisis.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

The AI Anywhere Real Estate uses to boost leads and listings

CIO

But this doesn’t mean AI can do everything, cautions Rudy Wolfs, CTO at Anywhere Real Estate. While no one can deny the potential and promise of AI, we must be aware of the immaturity of this technology today,” he says. “I The goal is to make the real estate experience seamless for buyers, sellers, and agents. “We

article thumbnail

Compass files S-1, reveals $3.7B in revenue on net loss of $270M

TechCrunch

Compass , the real-estate brokerage startup backed by roughly $1.6 The company’s last fundraise was in July 2019, when Compass — a company that has built a three-sided marketplace for the real estate industry, along with a wide set of algorithms to help make it work — raised a $370 million round of funding. 31, 2020.

.Net 260
article thumbnail

Santiago Uriel será el nuevo CTO de Equifax Iberia

CIO

En medio de una serie de nuevas incorporaciones a la compañía, Equifax ha anunciado el nombramiento de Santiago Uriel como el nuevo CTO de la compañía para Iberia , donde su principal cometido será el impulso del nuevo modelo operativo de la empresa en cloud.

article thumbnail

Landa can make you a landlord for just $5

TechCrunch

It’s safe to say that millions of Americans dream of becoming real estate investors but can’t or don’t due to a variety of challenges, including lack of accreditation, capital and time. CEO Yishai Cohen and CTO Amit Assaraf started Landa in 2020 in an effort to make real estate ownership more inclusive.

article thumbnail

Fresh from new round, Egypt’s proptech Nawy plans full-suite offering

TechCrunch

In the long term, the proptech plans to use the data it collects to offer real estate advisory services, forge funding partnerships and provide insights into the trends and other market factors. That would kind of complete the suite of what we do — by offering core real estate products,” said El-Beltagy.