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Boston-based Stavvy Raises $40M in Funding Round May 25, 2021 | Reprints | Print Boston-based financial technology firm Stavvy has raised $40 million in a funding round and partnered with a Michigan-based lender as the fintech continues to build digital banking and lending platforms. Stavvy said in a statement yesterday that it had raised the capital in a Series A funding round that was led by Morningside Technology Ventures, a private equity and venture capital investment firm based in Cambridge and Hong Kong. In raising over $40 million, Stavvy completed the largest ever Series A funding round for a New England-based financial, legal or property technology company, according to the statement. ....
Dalmore Group Teams with Global Wine Marketplace Vinsent for Direct Reg CF Offering Veteran Reg A+ Broker-Dealer DalmoreGroup announced the Reg CF launch ofVinsent, a company that is working toenhance the wine industry ecosystem . Pakt Bags, Inc. Launches Investment Campaign to Expand Line of Exceptional Travel Products, raising up to $1.07M Brooklyn, NY, April. 14, 2021 Pakt, Inc., a company that createsgear built for the modern traveler, . SKILLICORN Technologies announces the launch of their Los Fresnos Project Regulation CF Offering on the InfraShares crowdfunding platform. This Regulation CF offering isseeking front-end financing for theLos Fresnos Project. For a minimum . NanoVMs Launches Investment Round On StartEngine ....
Digital Mortgage Platform Stavvy Secures $40 Million Through Series A Funding Round Led By Morningside Technology Ventures
Series A funding round, which was led by Morningside Technology Ventures. The company revealed its mission is to transform how business is conducted remotely by making complex legal and financial transactions easier, safer, and more accessible to all. Its software includes eClosing functionality like remote signature, remote notary, and video conferencing tools that enable businesses, lenders, and their customers to perform remote transactions. “Stavvy designs platforms to manage security risk, eliminate fragmentation, and increase speed, efficiency, and transparency in lending and banking.” While speaking about the company’s development and investment, ....
Inman Connect Paperless closing provider Stavvy has landed $40 million in Series A funding from Morningside Technology Ventures, which the company says will allow it to bring its expertise to bear in helping mortgage lenders serve troubled borrowers. The Boston-based startup also announced a deal to provide remote loan modification services to Flagstar Bank a major expansion of the company’s customer base in mortgage loan servicing. Flagstar, a top 20 mortgage lender that does business nationwide, last month announced a $2.6 billion merger with New York Community Bancorp Inc. Stavvy is one of fewer than a dozen companies certified to conduct remote online notarizations by the Mortgage Industry Standards Maintenance Organization (MISMO). Its competitors include MISMO-certified companies Black Knight, eNotaryLog, Hercules Holding, Nexsys, Notarize, NotaryCam, Pavaso, Signix and Snapdocs. ....