Kiavi Named “Best Real Estate Investment Platform” by FinTech Breakthrough
Tech-enabled lender recognized by prestigious awards program for its unique application of data, AI/ML models, and technology to revolutionize the financing experience for real estate investors nationwide
Kiavi, a leading tech-enabled capital provider to residential real estate investors, announced it won the “Best Real Estate Investment Platform” award in the 9th annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market.
With a record $6.5 billion in loans originated last year, Kiavi has become a top lender to real estate investors through its unique application of technology, data, and AI/ML models. Using over 22 billion data points from its more than 85,000 transactions to power its models, Kiavi is able to provide more borrowers with faster access to reliable, competitively priced capital than traditional financing sources.
Kiavi’s technology platform enables investors to close much faster than traditional financing offerings by automating processes and eliminating extraneous procedures. For example, Kiavi’s proprietary After Repair Valuation (ARV) ML model provides an instant evaluation of a fix-and-flip project’s post-renovation value, providing investors with a quick view on the property’s profit opportunity.
“We built our technology platform to empower real estate investors with the fast, easy, and reliable capital they need to scale their businesses. The recognition from FinTech Breakthrough underscores our commitment to continue to innovate by applying the latest AI advancements to provide investors of all experience levels with instant clarity and confidence to grow,” said Arvind Mohan, CEO, Kiavi.
“The industry norms of manually pulling credit reports and waiting for appraisals as well as pouring over pay stubs and old W-2s have resulted in painfully slow closing processes,” said Steve Johansson, Managing Director, FinTech Breakthrough. “Kiavi’s one-of-a-kind technology platform, data-driven approach, and leading capital execution provide investors with a transparent online experience, competitive pricing, and reliable capital to scale their businesses. Congratulations to Kiavi on winning ‘Best Real Estate Investment Platform!”
The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Cryptocurrencies, Lending, Payments, Investments, RegTech, InsurTech, and more.
About Kiavi
With more than $24 billion in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (“REIs”). Kiavi harnesses the power of data & technology to offer REIs a simpler, more reliable, and faster way to access the capital they need to scale their businesses. Formerly known as LendingHome, Kiavi is committed to helping its customers revitalize the approximately $25 trillion of aged U.S. housing stock to provide move-in ready homes and rental housing for millions of Americans across the country. For more information, visit www.kiavi.com.
SOURCE Kiavi Inc.
