Findigs: Property Tech Company Secures $27 Million To Simplify Rental Screening
/Findigs, a leading property technology company that simplifies rental screening and leasing decisions, announced $27 million in Series B funding. This funding follows the company’s unannounced Series A and Seed rounds, bringing the total funding raised to date to $48 million. This round was led by Nyca Partners, with participation from existing investors RPM Ventures, Streamlined Ventures, Expa Ventures, Activant Capital, Colle Capital, and Frontier Venture Capital.
Findigs is changing the rental process by addressing the fundamental complexities of rental underwriting, and delivering value back to renters with a fair and simple experience. And the latest funding will be used to expand their screening automation service, grow their team, and increase platform and data sophistication. The company’s increasingly rich dataset offers vital insight into rental industry norms that have long been driven by intuition and best practices.
New Portfolio Company: Findings
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DailyPay Adds Brett Pitts to Board
/DailyPay, a leading provider of earned wage access, this week announced that Brett Pitts has joined its board of directors. Pitts, an accomplished leader in the banking and payments industries, brings decades of experience to DailyPay from prominent financial institutions and financial services companies where he drove innovation as an executive leader and board member.
With 25 years of experience in banking/financial services and over 30 years in the digital technology space, Pitts most recently served as the head of North American treasury and payments solutions at BMO Financial Group. His responsibilities included cash management, commercial deposits, corporate cards, BMO’s business-to-business B2B digital and payment strategies, and managing the payments infrastructure for the enterprise. Before this role, Pitts served as BMO Financial Group’s chief digital officer leading the bank’s digital portfolio, overseeing the North American virtual channel experiences and operations for digital and the North American customer contact centers.
DailyPay to Offer Earned Wage Access to Small Businesses Nationwide
/NEW YORK, May 1, 2024 /PRNewswire/ -- DailyPay, a leading worktech company whose clients include America's leading employers, is expanding its capabilities by bringing its industry-leading earned wage access solution to small businesses nationwide. This marks the first time DailyPay will offer its product to all companies with 400 or fewer employees that are integrated with partnering payroll providers.
DailyPay will leverage its existing relationships with some of the world's top workforce management and financial technology companies such as ADP and Acrisure for the new offering. New partners will be announced in the coming months.
Recent research from the U.S. Small Business Administration shows small businesses employ 61.7 million Americans, totaling 46.4% of private sector employees.