Breaking: We raised $5M to empower brokers to sell more NPLs at scale

We’re excited to announce our $5M seed round for our AI-powered debt trading platform that facilitates the buying, selling, origination, and syndication of commercial loans at scale.

Our network of over 1,000 US banks, institutional investors, and brokers is expanding faster than ever. Our funding facilitates our growing success as we leverage the challenges of today’s market.

The pandemic has catalyzed a wave of distressed debt opportunities, particularly for distressed commercial real estate. 

With increasing loan delinquencies, we’re meeting the rapidly growing demand for a technology-driven commercial lenders marketplace.

While the largest institutions enjoy the benefits of economies of scale, we level the playing field by using technology to streamline deal flows for banks, brokers, and financial institutions. This round of funding is a game-changer for us.

This is why we can reduce our buyers’ fees from an industry-rate of 5% to only 2% while remaining free for brokers and sellers.

We’re excited to continue to build a product that empowers brokers to sell more NPLs with much less effort. 

With our proprietary technology, we empower brokers to sell more NPLs with much less effort. 

If you’re a CRE broker, start selling NPLs for free here.