Exploring recent trends in digital originations for mortgage lenders, highlighting the role of fintech and AI in reshaping the lending process.
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California-based fintech startup Point has raised $115 million in series C funding to expand its marketplace, which offers homeowners cash for a share of a home’s equity. So reports TechCrunch.
Point said that real estate and mortgage-backed securities investors committed more than $1 billion in capital to the platform in 2021.
The startup’s three co-founders include Alex Rampell, a general partner at venture capital firm Andreessen Horowitz (a16z).
