Blox Launches AI Financial Automation for Property Operators - : Global fintech news & intelligence
Summary
With investment from Fika, Navitas, and ClocktowerLOS ANGELES(BUSINESS WIRE)Blox, the financial AI automation company for real estate, announced the launch of its all-in-one software platform today. Blox uses machine learning to automate key receivables tasks, including statement audit, refunds, payments, messaging, disputes, settlements, and bank treasury.Blox is founded by real estate technology veteran, Derek Merrill, who previously founded LeaseLock, installed in almost 500,000 apartment homes. The platforms AI capabilities are fueled by property data sets, enabling individualized payment plans, email and text notifications, custom settlement offers, and other receivables automations. Software is required to enable the transformationand Blox is excited to help operators get there.Were excited to partner with Blox, led by a visionary founder applying AI and machine learning to unfold a wider financial technology platform for the built world, said TX Zhuo, General Partner at Fika.Blox comes pre-integrated to all major property management systems including RealPage, Yardi, Entrata, MRI, and ResMan. Our all-in-one software platform helps rental property operators automate key receivables tasks, including statement audit, refunds, payments, messaging, disputes, settlements, and bank treasury.