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LendingHome Names New CEO, Rakes in $75M in Funding

LendingHome, a lender that focuses on fix-and-flip loans to residential real estate investors, has secured the ninth biggest proptech funding round of 2020, as The Real Deal reports.

The San Francisco-based company recently announced a $75 million Series E investment round led by Benefit Street Partners.

LendingHome also names CFO Michael Bourque as CEO, succeeding co-founder Matt Humphrey, who remains on the board of directors.

Read the full article from The Real Deal

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