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Fintech Construction Lender Built Technologies Raises $21MM

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Fintech construction company Built Technologies announced it raised $31 million its. The company said the new round of funding will support its mission to “help lenders reduce record-high loan.

Built, the Nashville, TN based technology company bringing construction lending into the digital age, today reached a pivotal point in the company’s three-year history with a $21 million Series A investment led by global venture capital firm Index Ventures, with participation from New York-based Nyca Partners, a FinTech-focused VC firm. The new Series A brings the total capital raised to date by the company to $25 million.

Nashville tn: goldman sachs has pumped millions into Built Technologies, the five-year-old local company that markets software automating the construction lending process, as part of an investment round that also includes three other new investors.

Since 2009, China has built 59.2 billion square feet of residential space. The World Bank estimates that it will be about 15 years before residents fill it. This all could be prelude to a crisis..

Peer-to-peer lender Initiative Ireland hopes to raise 60 million from members with the aim of financing construction loans. The fintech startup said on Wednesday that the platform, scheduled to.

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Fintech Construction Lender Built Technologies Raises $21MM November 22, 2017 Nashville, TN-based Built Technologies, an online lender to the construction industry, closed a $21 million Series A investment led by global venture capital firm Index Ventures, with participation from New York-based Nyca Partners.

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Since its launch, more than $6.5 billion worth of construction loans have been managed through Built’s platform. "We are very focused on bringing the entire industry in the technology age.