Cross border financing made easy
Summary
Lendai, a fintech company that is changing the way foreign investors access U.S. financing without the need for a U.S. credit history or residency, announced $35 million in equity and debt seed funding. Upgrading financial instruments to the digital age A few years ago, Lendai’s CFO and Credit Manager, Boaz Leviatan, was talking to a friend about the different real estate opportunities in America. Obviously, this led Leviatan to realize that his friend probably isnt the only one stuck in this situation; there are many people who have a difficult time finding financing solutions for their investment properties in the United States. Their unique AI algorithm technology utilizes data points while simultaneously evaluating all loan aspects by assessing the creditworthiness of foreign investors, the likelihood of recouping money should the borrower default, and the value and cash flow of the property at present and in the future. Lendais global network of real estate agents, property management companies, loan brokers, marketplaces, developers, lawyers, and accountants extend from Australia, Asia, the Middle East, Europe, UK, Canada and, of course, the United States.