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Home equity alternative Point raises $122M in new funding

Point, a California-based home equity and finance company, has raised $122 million in financing, $22 million of which came from a Series B funding round spearheaded by DAG Ventures and Prudential.

Point Raises $8.4 Million To Grow Home Equity Loan Alternative Americans have $18 trillion worth of equity in their homes, so the opportunity is as big as they come. For most homeowners the home is by far their biggest asset, with equity built up through years of mortgage payments.

Startup that offers alternative to home equity lending raises $122M Point raised $22M in a round led by Prudential Financial and DAG Venutures, and a further $100M to invest in homes March 21.

Home equity alternative Point raises $122M in new funding. Point, which provides an alternative to traditional home equity lending products, has raised $122 million in new capital from eight. Read More . MERS owner to acquire Simplifile as mortgage eNote usage grows ICE will pay $335 million to acquire Simplifile. is registered on the MERS eRegistry. Digital solutions such as the eNote are gaining traction and represent an important step towards a fully.

Point, a Palo Alto, CA-based financial technology platform driving home equity investments, secured $122m in debt and equity funding FinSMEs is the news site for venture capital and private equity.

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Startup that offers alternative to home equity lending raises $122M Point raised $22M in a round led by Prudential Financial and DAG Venutures, and a further $100M to invest in homes /s11.

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Point, which enables homeowners to tap into some of their home equity using a model similar to a reverse mortgage, reports that it has raised $22 million in Series B equity funding as well as a platform capital commitment of $100 million which it will use to fund its ongoing expansion.

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Home equity alternative Point raises $122M in new funding Point, which provides an alternative to traditional home equity lending products, has raised $122 million in new capital from eight investors to expand its reach.