Digitizing mortgages priority for banks
Prop-tech Fintech investments are still holding up even though the real estate market is slowing down. Digital transformation is still top of mind and driving investments, especially for companies digitizing the home buying process.
Digitization of the complex home-buying financial process requires deep knowledge and expertise, not to mention the added effort of compliance and risk mitigation.
Christopher Hussain, CEO and Founder of Realkey.com, is not only leveraging his extensive experience in the mortgage industry but has also put together a stellar team to scale his startup, retaining customers and winning awards.
RealKey.com is currently raising a $10 million A round, with a term sheet in hand from their seed deal lead and a co-lead looking to join them. They have an oversubscribed smaller bridge round that is closing shortly.
I very much enjoyed my recent conversation with Christopher and was glad to learn his company is not only doing well but thriving in the economic and real estate downturn.
Click on the video below to learn more.
RealKey is an innovative provider of digital mortgage technologies that enables bank and non-bank mortgage loan originators (MLOs) to streamline the mortgage processing experience for borrowers. Disrupting the status quo in the mortgage industry, the RealKey Digital Mortgage Platform makes the mortgage process more efficient and empowers MLOs to close more loans, faster, with less effort.
The recent growth numbers < 300% TTM growth and $3mm+ ARR) confirm they made the right move.
Take a look at the video above where Christopher outlines his fundraising journey, what gives his company an edge, how his company is continuing to grow in this challenging market.
If you are in the market for a mortgage, he shares his insight to help you get the best rate :).
We wish Christopher and the RealKey.com team continued success.
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