According to Robert Michlewicz, CEO of Visual Lease, proprietary survey data suggests 99% of senior finance and accounting professionals at sampled private companies fear misreporting company lease information.
Read MoreTo Jose Morin, VP of Servicing at Brace, the company’s solutions are designed to build and sustain generational wealth, including through more volatile times.
Read MoreSince its product is a nascent investment form whose alternative—in the form of debt and loans—has a considerable advantage in its size, age, and recognition, Hometap sees an especial need to be transparent and compliant, often going above federal requirements to establish homeowner trust.
Read MoreFrom interest rates to home construction strategies, the future of home sales is yet to be fully formed. Find out how startups like Arrived Homes and Cover are looking to change that.
Read MoreAccording to Amr Samaha, Tykes’s Co-Founder and COO, the founding team approaches Tykes as a way to fill a real estate knowledge gap in the market. Individuals and institutions alike—namely proptech giants like Zillow—have a hard time breaking into property investment and management, in part because of strategic information-based shortcomings.
Read MoreRampant roofing scams have caused a property-insurance crisis in Florida. The industry’s net losses in the state were more than $1B in 2021.
Read MoreArrived Homes, a real-estate investment platform that lets users buy shares in rental properties, estimates that it will double its presence in the top 100 fastest-growing cities in the US by the end of the year. The proptech has secured investments from Jeff Bezos’s Bezos Ventures, Marc Benioff’s Time Ventures, as well as the former CEOs of Zillow and Uber.
Read MoreA growing proportion of homeowners are pulling their for-sale homes from the market to rent them instead. The number of delisted homes that never went under contract increased by 58% over the past year.
Read MoreCorporate bankers have reported greater interest among business clients to move their supply chains closer to where their consumers are located. Clients are interested in both “onshoring,” which involves returning previously offshored activities to the business’ home country, as well as “near-shoring,” which moves those activities to nearby countries.
Read MoreVenture-capital firm Andreessen Horowitz announced that it’s invested $350M in Flow, a rental-community startup. Flow is the latest venture by Adam Neumann, who previously founded and led WeWork.
Read MoreFirms of all sizes in the mortgage space have announced major layoffs since the Fed increased interest rates to fight inflation. Analysts predict a 35% to 50% decrease in mortgage origination in 2022.
Read MoreIn an interview with The Financial Revolutionist, CubiCasa President Jeff Allen outlines CubiCasa’s growth strategy, announces the company’s latest pricing features, and shares his vision for the future of floor plans.
Read MoreLast week, investors in Zillow filed a lawsuit against the Seattle-based proptech giant on the grounds that it made “false and misleading statements” about Zillow Offers, its house-flipping project. This is the sixth investor lawsuit filed since Zillow shuttered the unprofitable initiative.
Read MoreRental fintechs have reported increased demand for their services, including cashback on rent payments or discounted rent, due to rising rental prices and inflation. Rent has increased by 11.6% over the past year, according to Harvard University’s Joint Center for Housing Studies.
Read MoreMore companies are using interim or fractional Chief Marketing Officers to grow their businesses while minimizing costs. The trend has become more popular during the pandemic due to the rise of remote work—and seems poised for even greater growth during a recession.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
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