Here are the financial technology companies revolutionizing the real estate market that made the Forbes Fintech50 in 2021:
, and Divvy Homes, a landlord that wants to help its tenants become owners. These companies are using technology to redesign the experience of buying, selling and owning property.
Overall, through the use of new technology, there has never been lower friction to buying a home and the transaction costs across the market have plummeted.
Cloud-based white label software speeds up the mortgage approval process at the nation’s largest lenders, including Wells Fargo and U.S. Bank. Prospective borrowers can link to online bank statements, tax returns and pay stubs. The platform processes over $4 billion in mortgages and consumer loans per day in partnership with 285 institutions.$3.3 billionCustomer base accounts for more than 25% of the $2.1 trillion U.S.
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