Swedish FinTech startup Bofink pivots: “You can’t make any money”

Bofink was launched in 2017 to provide mortgage health checks through an app. However, the Swedish startup has now been forced to reconsider its business idea.

PropTech platform Canopy pulls in £2m within 48 hours for its new funding round

Renters app Canopy has reportedly collected £2m in a funding round, which it was able to raise within just 48 hours.

Zikher valued at $5m in first round of financing

Zikher, a new company that uses analytics algorithms to accelerate the loan, mortgage and account opening process at banks, has been valued at $5m in its first funding round.

PropTech No Agent picks up £584,000 through crowdfunding

PropTech platform No Agent has secured more than £584,000 through an equity crowdfunding campaign.

Thailand-based Hipflat said to receive investment from Aucfan

Thailand-based real estate marketplace Hipflat has reportedly closed an undisclosed investment from Aucfan.

Real estate investing platform BRICKX bags $9m Series A

Real estate investment platform BRICKX has received a $9m Series A round from NAB Ventures.

Kodit.io bags €1.7m to support its European expansion

AI-powered real estate platform Kodit.io has received €1.7m in its Seed round, to support its expansion across Europe.

Neighborhoods.com receives significant growth investment from Long Ridge

Neighborhoods.com, an online brokerage platform for real estate, has received a ‘significant growth capital investment’ from Long Ridge Equity Partners.

Movoto collects $8m in funding to support growth efforts

PropTech platform Movoto.com has raised $8m in funding, with global real estate company Mitsui Fudosan becoming a minority stakeholder of the business.

PropTech startup Zumper secures $60m in its funding round

Zumper, a US property rental marketplace, has scored $60m in a funding round which will help the PropTech scale up its end-to-end transactional tools.

News Stories

POS lending solution Affirm closes $500m Series G

Affirm, a buy now and pay later solution, has closed its Series G round on $500m.
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Solving the challenge of creating a customer-centric business model – Kidbrooke demo

A recent survey from PWC found that 61% of bankers believe customer-centric business models are very important, and yet only 17% of them are “very prepared” for it. Kidbrooke has released a new demo highlighting the problem in the market.

Over 60% of InsurTechs and insurers are keen to work with BigTech companies

Over 60% of InsurTechs and insurers are looking to collaborate with BigTechs, as they look to keep up with changing customer demands, a new report claims.

Good services is more important to policyholders than pricing

New research claims the key to driving long-term relationships in home insurance is less about pricing and more about great services and reputation.

TCARE closes $3m in round led by SixThirty Ventures

TCARE, which claims to be the only evidence-based, CMS 1115 approved and accredited family caregiver support platform, has netted $3m in funding.

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