Hedge Fund Puts $150 Million to Invest in Homes on Startup Point

Hedge Fund Puts $150 Million to Invest in Homes on Startup Point

A startup that buys equity in American homes just got its largest financial commitment to date through a $150 million boost from a New York hedge fund, amid rising home prices that are fueling demand for home-equity products. Point Digital Finance Inc. lends capital to people and receives partial ownership in their homes in return. The three-year-old startup targets customers who are seeking an alternative to traditional loans. Atalaya Capital...

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