Fintech Stake embarks on mission to empower cash-strapped renters

Stake was hired by the Enterprise Community Fund to manage the financial benefits program under its Renter Wealth Creation Fund. Founded in 2018, Stake offers no-fee banking services to tenants and 4 percent cash back each month based on their rent amo… Continue reading

Keller Williams launches new franchise in Switzerland

Keller Williams’ expansion into Switzerland comes as part of a broader international push for the franchisor, and for the broader U.S. real estate industry. Continue reading

Investment app Fintor raises $6.2M, aims for inclusivity in real estate

Public.com, Hustle Fund, 500 Global, VU Ventures, Graphene VenturesPublic.com, Hustle Fund, 500 Global, VU Ventures and Graphene Ventures all contributed to the funding extension. Continue reading

CertifID gets tougher on wire fraud with PayoffProtect

The intent of CertifID’s new software is to fill a risk-gap in the payoff process between title companies and lenders. Cases have increased of criminals impersonating banks and mortgage lenders, requesting fraudulent payoff requests from title companies. Continue reading

Pacaso slashes 30% of workforce, citing rising rates and home prices

Pacaso employees impacted by the cuts will be provided severance, healthcare coverage and career help, Pacaso CEO Austin Allison said during an all-hands conference call Tuesday. Continue reading

New York state and New York City recoup $3M from luxury developer

Heatherwood Communities LLC received tax exemptions on two of their rental properties in Queens and Brooklyn, but failed to pay the buildings’ service employees wages and benefits for over two years. Continue reading

The other real estate company named Rex just laid off 4% of its staff

The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector. Continue reading

Collabra debuts market analytics and video tool, Market Spotlight

The tool, which is part of Collabra’s RElumio digital marketing platform, is designed to incorporate market data into listing videos with minimal effort — an industry 1st, the company says. Continue reading

Nester unites nerds and contractors, lifts curtain on housing costs

Nester’s model is yet another great example of how real estate market and consumer services data can coalesce to improve how homebuyers and homesellers respond to the market. Continue reading