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Fraction

Vancouver is Canada’s Second Largest PropTech Hub, New Report Confirms

June 29, 2022 by Knowlton Thomas 1 Comment

Proptech Collective is a volunteer-run collective of real estate professionals, city builders, and entrepreneurs that believes “technological innovation can change the built world for the better.” The organization has released its second annual report with a range of updates from the previous edition. 150 startups were added to the database of property technology companies in […]

Filed Under: News Tagged With: addy, Fraction, Proptech Collective, RentMoola, Spacelist, TerraZero

Fraction Raises $20 million to Continue to Expand Into US Market

October 20, 2021 by Techcouver Newsdesk Leave a Comment

Vancouver’s Fraction has raised a $20 million Series A funding round led by QED Investors along with existing investors including Impression Ventures, Primetime Partners, Panache Ventures and Global Founders Capital. Notable angel investors of the round include the founders of Brex and the founding team of Bitso. Fraction is a fintech solution that enables homeowners […]

Filed Under: News Tagged With: Fraction

Fraction Raises $289 Million, Takes Aim At Reverse Mortgages

February 10, 2021 by Robert Lewis Leave a Comment

Vancouver’s Fraction Technologies has raised $289 million in a combination of equity and debt financing from Impression Ventures, Primetime Partners, Global Founders Capital, and Panache Ventures, among others. In contrast to reverse mortgages and home equity loans, Fraction’s flagship product, the Fraction Appreciation Mortgage, has no monthly payments. Instead it offers a reasonable interest rate […]

Filed Under: News Tagged With: Fraction, Global Founders Capital, Impression Ventures, Panache Ventures, Primetime Partners

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