To the Abyss and Back: How Fintech Firm Flyhomes Survived a Boom-Bust Housing Cycle
Flyhomes, the Seattle‑based fintech that pioneered a "buy before you sell" mortgage, weathered the pandemic boom, a rapid rise in interest rates and a sudden freeze in venture capital. Facing soaring customer‑acquisition costs, the company shut down its own lending arm in early 2024 and launched a wholesale lender channel that partners with local loan officers and brokers. The pivot sharpened its focus on core financial products, drove 400% year‑over‑year revenue growth, and delivered profitability while expanding its footprint to 44 states and Washington, D.C.
Crypto Rewards Eye Renters Who Want to Save for a Down Payment
MegPrime, the crypto‑focused arm of Texas‑based Megatel Homes, has launched a nationwide rent‑payment rewards program that pays renters in its MP token. Ten‑thousand+ renters have already shown interest, and the platform currently lists roughly 200,000 units—mostly in Texas, Florida and...
AI Powers Land and Lot Search and Zoning Feasibility. Here’s How
Acres.com, a Fayetteville‑based land intelligence platform, unveiled an AI‑powered search and zoning feasibility tool that lets users find parcels with plain‑language prompts and receive instant zoning, floodplain and entitlement analysis. The system taps more than 150 million parcel records and thousands...