Tongo

JPAR® - Real Estate Expands its Footprint to 30 States in 2023 and Launches Growth Plans

Retrieved on: 
Saturday, December 30, 2023
Marketing, Tongo, Real estate, Entrepreneur (magazine), Partnership, Woman, Health, Zillow, MD, Associate, AD&D, ACA, Growth, Wellness, Environment

PLANO, Texas, Dec. 30, 2023 /PRNewswire/ -- JPAR® - Real Estate, a leading real estate brand, is pleased to report on its annual growth and achievements in 2023 and reveal its plans for continued expansion with an aggressive, agent-centric market positioning.

Key Points: 
  • PLANO, Texas, Dec. 30, 2023 /PRNewswire/ -- JPAR® - Real Estate , a leading real estate brand, is pleased to report on its annual growth and achievements in 2023 and reveal its plans for continued expansion with an aggressive, agent-centric market positioning.
  • JPAR is led by industry-veterans, Chris Sears, President, JPAR® - Real Estate and Laura O'Connor, President and COO, JPAR® Affiliated Network.
  • "The JPAR® Affiliated Network has added several new affiliates to our network this year and we are poised for success in 2024.
  • The series amplifies the voices of women leaders who are making a difference, fostering collaboration, and driving meaningful change in the real estate industry.

Tongo Raises $7M In Seed Funding

Retrieved on: 
Thursday, September 29, 2022
Income, NYSE, Property technology, LLC, Elizabeth Street, Entrepreneurs Roundtable Accelerator, Name, Publication, Industry, Tongo, VC, Technology, Solution, Marketing, MIPIM, Buformin, Budget, Real estate, The Hamptons

NEW YORK, Sept. 29, 2022 /PRNewswire/ -- Tongo—a FinTech company realigning income and expenses for the commission economy—announced it has raised $7 million in seed funding. The company will use these proceeds to expand product and team in its initial market of real estate, where Tongo empowers brokerages to offer agents on-demand access to pending commissions, which they can use like a line of credit to grow their business & stabilize cash flows. The round was led by MetaProp, with participation from New Valley Ventures, Good Friends, Launchpad, Elizabeth Street, Red Bike, Lab Ventures and Entrepreneur's Roundtable Accelerator. Tongo's fundraising to-date is $11 million.

Key Points: 
  • Their underwriting models prioritize steady, salaried incomes that work well with their monthly billing cycles.
  • It presents a huge opportunity for Tongo to create nancial products that realign income and expenses," said Tongo'sCEO BrandonWright .
  • Tongo partners with real estate brokerages to offer their agents exible, real-time and low-cost access to future commission income long before closing via a card-based product.
  • ABOUTTONGO: Tongo workslikeadebit cardonfuture income.Foundedin2021byBrandonWright, Luis Scull, John Macris and Patrick Waltinger, Tongo enables today's real estate professionals to invest in their businessesand themselvesall year long, privately, while commissions are still locked up.