Setpoint Technologies has filed a notice of an exempt offering of securities to raise $30 Million in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Setpoint Technologies is raising up to $30,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Stuart Wall played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Setpoint Technologies
Setpoints platform is the foundation for real-estate innovation – unlocking speed, efficiency and accuracy for PropTech companies and their lenders. Our mission is building trust in our system of credit. We help our partners do their best work. Technology has made getting a loan easier – think of leasing a car online or getting a student loan. What’s less understood is what happens next: originators and lenders manage relationships over email, Excel and FTP folders. These operational processes create risk for lenders, inefficiency for originators and limit access to borrowers. Setpoint is a technology company on a mission to make capital efficient and error-free. We remove error-prone funding operations tasks to facilitate a more systematic loan sale and syndication process. This results in improved standardization and liquidity for our customers.
To learn more about Setpoint Technologies, visit http://www.setpoint.io/
Contact:
Stuart Wall, Chief Executive Officer
512-399-6320
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