A new fintech startup based in London wants to make buying an investment property as easy as ordering something on Amazon. Gray Stern, previously the co-founder of Landbay, has founded Dot which bills itself as the world’s easiest way to buy property. It wants to embed a one-click “Dot button” on property listing sites where an investor will simply click the button, pay the required deposit, and Dot will acquire and manage the property on that investor’s behalf, advancing 70 percent of the purchase price in the form of its pre-approved or “instant mortgage” . Source.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.