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Today: June 24, 2024
May 16, 2024
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Baseline Raises $16 Million to Transform Real Estate Lending

TLDR:

  • Baseline Financial Technologies secures $1.6m in funding to revolutionize real estate lending technology.
  • The investment will be used to further develop Baseline’s technology and expand its market presence.

Baseline Financial Technologies, a pioneering financial technology firm, has successfully closed a $1.6m funding round, led by N49P. This investment will enable the company to amplify its growth in the real estate private lending market by developing its integrated loan management system. CEO Shaye Wali emphasized the need for tailored technology solutions for private lenders investing in real estate. The aim is to address the unique challenges faced by the sector and provide end-to-end functionality to streamline operations and drive business growth.

Operating at the intersection of technology and real estate lending, Baseline offers a comprehensive platform that connects borrower-facing point-of-sale, loan origination, loan servicing, and investor management functionalities into one cohesive unit. The focus on intuitive design and user experience distinguishes Baseline in the sector, which is ripe for technological advancement. The company plans to use the funds from this round to further develop its technology and expand its market presence, supporting the future of real estate private lending.

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