Realty Mogul Goes Live with Real Estate Crowdfunding Platform

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With rumors of a recovery in the housing market titillating would-be real-estate investors, could there have been a better time for the launch of Realty Mogul’s real estate crowd funding platform?

Realty Mogul helps accredited investors diversify through real estate. Investors who join Realty Mogul can review and choose from a number of different potential investments, from fix-and-flip residential properties to buy-and-hold commercial developments. The platform allows investors to buy shares in these pre-screened investments, with a minimum investment of $5,000. Investors can take care of all the legal paperwork while on the Realty Mogul website, as well.

Accredited investors, by the way, are individuals with more than $200,000 in annual income, or a net worth in excess of $1 million. Ultimately, Realty Mogul hopes to expand availability to non-accredited investors. TechCrunch’s reporting suggests a potential “mass affluent” category for those with incomes above $100,000.

Realty Mogul picked up $500,000 in financing from angel investors and successfully completed the Microsoft/TechStars Accelerator program. The company will be demoing their platform at FinovateSpring this May in San Francisco. Learn more about the event, and how to save your spot, at this link.

Finovate Alumni News– March 29, 2013

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  • Atlanta Business Chronicle takes a look inside the TSYS/NetSpend merger.
  • TradeHero reaches $5 billion in virtual currency traded over 350,000 trades in the first three months.
  • Washington Trust Bank to deploy Jack Henry & Associates‘ SilverLake System core processing platform.
  • The Options Insider interviews TradeKing CEO Don Montanaro.
  • Leading U.S. healthcare insurer invested more than $250k to implement a Kofax-based solution. See Kofax demo at FinovateSpring.
  • Bill.com announces it enables more than 175k businesses to pay and get paid.
  • Fargo bank adds Fiserv mobile banking, payment tools.
  • Dwolla site back up after DDoS attack.
  • BBC Easy launches C & I Loan Management Software for businesses looking to save time on cumbersome BBCs. Check out BBC’s demo at FinovateSpring.
  • Keynote DeviceAnywhere platform now integrated with Worksoft Certif.
  • AH Capital raises more than $100,000 using Realty Mogul’s real estate crowd funding platform. Join Realty Mogul in San Francisco this May at FinovateSpring.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.

Finovate Alumni News– March 27, 2013

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  • Acculynk to provide UnionPay International UPOP authentication service via PaySecure.
  • GMC  Software Technology’s GMC Inspire now available as a complete solution with Xerox devices.
  • Klarna AB wins SEK 150 million contract with EVRY.
  • Finextra reports East River FCU & Ishpeming Community FCU to integrate Geezeo’s PFM product.
  • International Business News reports Aditi Technologies and TIBCO Software announce strategic alliance to bolster enterprise social and e-commerce solutions.
  • Lend Academy reports: Lending Club adds monthly income and loan ID filters.
  • American Banker reports: Harleysville Savings chooses Q2ebanking’s online banking platform.
  • TIO Networks surpasses 1 million transactions across all TIO Wallet members.
  • BankersLab launches Collections Edition of its Bank-it mobile game.
  • Bell State Bank deploys Fiserv’s mobile banking system.
  • Banking Technology looks at Kiboo’s participation in London’s fintech Innovation Lab.
  • Wilson Bank & Trust introduces MoneyDesktop to members.
  • TIBCO Software acquires Maporama Solutions.
  • P2P lending comes to real estate courtesy of Realty Mogul.
  • Small Business Computing takes a look at Flint’s pursuit of “highly mobile small businesses.”
  • Retail Touch Points features Jingit and a conversation on the importance of in-store marketing ROI.
  • Bank Crerdit News talks compliance with Fenergo CEO Marc Murphy.
This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.