Nada Raises $8.1M in Seed Funding
Summary
Nada, a Dallas, TX-based fintech company making real estate wealth accessible to everyone through its investing, banking, and finance platform, closed an $8.1M seed funding round. In conjunction with the funding, Krishna Srinivasan, LiveOak’s founding partner, is joining Nada’s board of directors. The company intends to use the funds to expand its investment products, develop its secondary trading platform, launch its mobile app, and release the first real estate-backed debit card. Led by CEO John Green and CFO Mauricio Delgado, Nada provides a platform that makes it possible for any investor to buy & sell fractions of a top city’s real estate market and for homeowners to unlock home equity, without taking on debt, to spend on a debit card. Its “Cityfunds” investment product is an index-like real estate fund providing targeted exposure to a single city’s home equity market.
Funding
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