Fintech startup Brex, which is building out a bank alternative for startups, announced today the addition of FDIC Insurance on its cash management account, Brex Cash.
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Nexsys Technologies is partnering with Lemonade to simplify the homeowners’ insurance verification process.
Hippo, an insurtech startup focused on providing home insurance digitally, announced this morning a massive $150 million Series E round at a post-money valuation of $1.5 billion.
Knock announced Thursday it is getting out of the real estate brokerage business and becoming a lender. This morning, the company unveiled a major shift in strategy with its new Home Swap program, under which Knock serves as the lender to help a homeowner buy a new home before selling their old house. It previously worked with lending partners but is now a licensed lender itself.
Orchard (formerly called Perch), which operates a home buying marketplace, has branched out into the lending business. On Wednesday, it announced its formal launch of Orchard Home Loans.
PocketList, a “renter-powered” housing platform, announced Wednesday it has raised $2.8 million in seed funding.
The startup’s platform currently processes over $3 billion in mortgage and consumer loans per day.
