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Real Estate

Europe News Roundup Online Lending Real Estate

·Mar. 28, 2017

Saving Stream Merges with Lendy

Saving Stream and Lendy have merged and will now combine operations under the Lendy platform; the platform will focus on property development lending and plans to triple its loan issuance in 2017; Paul Riddell, head of marketing and communications at Lendy had the following comments regarding the merger, "Unifying our lender and borrower brands together under one banner – and on a single online platform – is a step that allows us to streamline our process and make our offering simpler for the entire market." Source

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Europe News Roundup Online Lending Real Estate

·Feb. 9, 2017

Marketplace Lenders Support UK Housing Market Initiative

The UK government has released a white paper discussing its real estate property development initiative; UK P2P lenders continue to support the initiative through alternative funding for real estate borrowers; the government will also manage a 1 billion British pound ($1.25 billion) fund for financing specialized real estate developers; the UK is targeting 200,000 new homes. Source

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Fintech News Roundup Real Estate

·Apr. 21, 2017

CB Insights Reports on Real Estate Tech Investment

According to CB Insights, real estate tech received $2.6 billion in funding in 2016 across 277 deals; the category is broad including companies providing technology to brokers, investors, lenders, mortgage providers, property owners, managers and buyers; given current run-rates total volume for 2017 is expected to increase; notable financings include Homelink, PropTiger, Placester, Knock, OfferPad and Nested. Source

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Fintech News Roundup Real Estate USA

·Mar. 29, 2017

Launching a US Real Estate Crowdfunding Platform

Crowdfund Insider provides details on how to launch a real estate crowdfunding platform in the US; discusses different types of offerings and securities; also outlines business planning, capital funding and licensing. Source

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Fintech

·May. 4, 2022

LendKey reports record revenue growth

Lending as a service fintech LendKey announced record growth in March 2022, surpassing its previous record set in 2018.

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Europe Fintech News Roundup Real Estate

·May. 29, 2018

New UK Startup Wants to Take the Pain Out of Investing in Property

A new fintech startup based in London wants to make buying an investment property as easy as ordering something on...

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Europe News Roundup Online Lending Real Estate

·Mar. 28, 2017

Relendex Receives FCA Authorization

P2P commercial real estate lender Relendex has received authorization from the Financial Conduct Authority; the platform provides secured commercial property loans through its P2P marketplace lending platform and now plans to seek the offering of innovative finance individual savings accounts for its investors; in comments regarding the authorization, Michael Lynn, the firm's founder and chief executive officer said, "FCA full authorization marks a fantastic start to 2017 for the Relendex team and platform which will further encourage and facilitate investment in commercial property from both our UK and foreign investors." Source

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Finance News Roundup Real Estate USA

·Oct. 27, 2016

Sharestates Plans to Raise $3mn on SeedInvest

Sharestates is raising capital for a Series A funding round on SeedInvest; planning for potential investment of $3 million in preferred equity; Sharestates provides real estate investment opportunities and access to capital on its platform; has total loan originations of $178 million. Source

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News Roundup Online Lending Real Estate Regulation

·Oct. 28, 2016

Chinese Regulators Raid Real Estate and Social Financing Companies

Chinese regulators raided over 40 companies in China to investigate for illegal activities pertaining to the country's newly disseminated laws; investigators found property agents listing homes that owners had not agreed to sell and providing false information about properties; with a focus on real estate property investing, the investigators also found P2P lenders offering down payment loans after they were recently restricted by regulators. Source

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