Thursday 27 September 2018

SoftBank invests $400M in home flipper Opendoor

Startup Opendoor has just joined the long list of real estate tech startups with backing from SoftBank. The Japanese conglomerate’s Vision Fund just invested $400 million in the home-flipping company, Opendoor announced Thursday. The funding round also coincides with a $2 billion debt facility that the company secured from a consortium of banks, though their identities were not disclosed.



source https://therealdeal.com/2018/09/27/softbank-invests-400m-in-home-flipper-opendoor/

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