Digital mortgage firm Qualia gets new round of funding

Digital mortgage point-of-sale software provider Cloudvirga announced it raised $50 million in its Series C funding round, led by private equity firm Riverwood Capital. The company said the new round of funding will support its mission to “help lenders reduce record-high loan production costs via automation and empower borrowers with greater transparency and engagement in the mortgage transaction.”

Grupo Santander, ING and Scotiabank, which invested in Kabbage’s $135 million round of funding in October. envisions a "FinTech of Things," where one could get a mortgage or check a bank balance.

 · This week’s Mortgage Tech Rundown focuses on the latest product and software developments, integrations and more from companies like First Guaranty Mortgage, Global DMS, Qualia and.

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 · Mortgage Tech Rundown looks at the latest news in mortgage technology, featuring new product updates, integrations and announcements. First Guaranty Mortgage Corporation announced a partnership with Blend, enabling the utilization of the company’s direct-to-consumer division, Goodmortgage. First Guaranty explained in a press release that Blend’s technology not only simplifies.

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A subsidiary of the Lennar Corp. has introduced a digital mortgage platform designed to streamline the home loan process. The company said the new platform incorporates sophisticated, data-driven technology to simplify a traditionally tedious, manual process, resulting in a faster, more frictionless mortgage experience.

 · With this investment, WebMax plans to focus on the future of their digital mortgage platform. A key initiative WebMax will immediately implement from the funding includes improving the current product suite. This comes from adding new integrations and producing an overall improved lender-to-borrower experience.

Railsbank, a relatively new fintech startup co-founded by CEO Nigel Verdon, who previously founded money exchange and payments platform Currencycloud, has raised $1.2 million in a funding round led by seed investment firm Firestartr.

Digital mortgage firm Qualia gets new round of funding Winners may not get to. leads to a new account, a satisfied customer or simply a job well done, you might just earn V12’s monthly Rock Star Award. Founded in 2002, V12 is a marketing technology.

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The firm claims to be adding over 20,000 SMEs every month. Commenting on the funding, Anish Achuthan, CEO, Open says: "Being one of the fastest growing SME neo-banking platforms in the world, the key is to match the ever-increasing customer demand for seamless financial management.

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