Tech Company Financing Transactions
LXA Funding Round
LXA, based in Singapore, received $10 million in funding from New Enterprise Associates, Edbi and Openspace Ventures.
Transaction Overview
Company Name
Announced On
11/8/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Proceeds Purpose
This platform aims to utilize end-to-end technology to streamline the entire mortgage lifecycle, from loan origination and borrower processing to loan servicing.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Singapore, KS Undisclosed
SG
Singapore, KS Undisclosed
SG
Phone
Undisclosed
Email Address
Overview
Developer of a financial platform intended to focus on end-to-end mortgage origination and management in Asian markets. The company's platform aims to unlock access to the asset class for capital providers and to leverage long-term capital and technology to streamline the entire mortgage lifecycle, from loan origination and borrower processing to loan servicing, enabling clients to enhance their experience in mortgage markets.
Management Team
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