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LenderLogix Raises $500K to Spur Lending in Low-Income Areas

Buffalo, New York-based startup LenderLogix has secured additional funding to help it build out its platform CRA Analytics, which aims to boost mortgage lending in low-income communities nationwide. So reports The Buffalo News.

LenderlogixThe Western New York Impact Investment Fund was set to invest $500,000 in LenderLogix.

LenderLogix CEO Patrick O’Brien said that CRA Analytics could influence where mortgages are originated by pointing banks toward opportunities in underserved communities.

Read the full article from The Buffalo News.

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