Point Raises $22 Million in a Series B, $100 Million in Platform Capital

Real estate fintech Point has closed a $22 million Series B led by Prudential Financial and DAG Ventures; they also announced the commitment of $100 million of platform capital from Kingsbridge Wealth Management; Point has built a portfolio of home equity investments for single family homes; Here is the what the CEO of Point, Eddie Lim, had to say about this new funding, “We are witnessing the emergence of a whole new class of financial solution that is aligned with homeowners, and investors are taking notice.” 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.

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