Press Coverage

Read coverage of Point from leading publications such as CNBC, Bloomberg, Forbes, The Washington Post, and more.

Point closes on $115M to give homeowners a way to cash out on equity in their homes


Historically, homeowners could only tap into the equity of their homes by taking out a home equity loan or refinancing. But a new category of startups have emerged in recent years to give homeowners more options to cash in on their homes in exchange for a share of the future value of their homes.

Fractional home-equity lender Point raises $115 million


A Palo Alto, California-based fintech startup Point, which bills itself as allowing homeowners to tap into future home appreciation, closed on a $115 million Series C funding round, the company announced Tuesday. Point now says it has raised $170 million in equity capital.

Home equity financing startup Point raises $115M Series C


Point, a fintech startup that pays homeowners cash in exchange for a share of the equity in their homes, raised $115 million in Series C funding, it said Tuesday.

The Hidden Cash in Your Assets


Point is one of a number of companies that are giving people new ways to tap into the value of a home, a car or even work they haven’t been paid for yet. Now, thanks in part to advances in software’s ability to quickly and accurately value assets, there are even more ways for consumers to extract cash from their assets, through equity deals like Point’s and new kinds of asset-backed loans.

Need cash? Now you can sell the equity in your home to investors


California-based Point is a 2-year-old fintech company specializing in home equity contracts. It offers homeowners cash for a share of the home’s equity, that is, the amount the home is worth beyond the value of the mortgage.

Point raises $122 million to extend equity financing to homeowners and buyers


Point provides a provisional offer to preapproved applicants for between 5 percent and 20 percent of their home’s current value, and schedules an in-person licensed appraiser visit (for which it charges $500 to $700) before finalizing an offer.

Financial technology entrepreneurs offer cash for future home equity


With homeowners’ equity soaring to near-record levels, financial technology entrepreneurs — backed by deep-pocketed venture capital — are dreaming up sophisticated ways to help consumers access that equity without traditional interest payments.

Atalaya Capital Puts $150 Million to Invest in Homes on Startup Point


Atalaya Capital commits $150 million with Point to fund investments with homeowners. Equity sharing finance products are going mainstream.

Could Fractional Ownership Make Owning Homes Easier?


Cofounder Eoin Matthews argues that selling a stake is better than taking a home equity loan, as the latter simply adds to the debt pile.

Got Home Equity? Point Raises $8.4 Million To Grow Home Equity Loan Alternative


Americans have $18 trillion worth of equity in their homes, so the opportunity is as big as they come. For most homeowners the home is by far their biggest asset, with equity built up through years of mortgage payments. Historically options for unlocking that equity have been few.

Sell shares of your homeʼs equity for cash


Point CEO Eddie Lim on how the company makes it easier for homeowners to tap into their home equity.

Fintech start-up Point adds Airbnb CFO Laurence Tosi as backer


Laurence Tosi, the former Blackstone executive who moved to Silicon Valley as chief financial officer of Airbnb, has joined the roster of shareholders in an experimental trading platform that allows homeowners to raise money against the value of their house.

Silicon Valley Explores a New Investment: Your Home


Some well-funded startups have an unusual pitch for homeowners strapped for cash: Let’s own this house together.

Thereʼs an $18 trillion asset class that a VC-backed startup wants to unlock


It’s a win-win situation because it provides investors with a brand-new asset class to explore. This helps folks access their home equity wealth without a loan, monthly payments or a fixed interest rate. Homeowners sell a fraction of their residence to investors in exchange for a lump sum of capital without interest rates or monthly payments.

The Company That’s Encouraging Americans to Sell Off Shares of Their Houses


Point’s concept is simple enough: The company wants to buy equity from homeowners. Such an arrangement would let homeowners tap into the equity accruing in their home, while skipping the onerous and sometimes more expensive option of getting the sort of equity loans provided by banks.

The Hidden Cash in Your Assets


Point is promising to do something radical — changing how homeowners fund their mortgages and think about the value of their homes. Proponents say it could change the financial realities of millions of Americans.

Bloombergʼs "Whatʼd You Miss? (09/14)"


Full episode of "Whatʼd You Miss?" Guests include: Timothy Duy, University of Oregon economics professor, and Eddie Lim, Point Digital Financeʼs chief executive officer and co-founder.

Startup Offers to Buy Home Equity, Instead of Lending Against It


Homeowners who want to tap their hard-to-access nest eggs have a new option. A fintech startup called Point is allowing consumers sell a piece of their home equity to investors, rather than borrowing against the value of their houses.

Point raises $8.4 million to buy a stake in your home


Instead of taking on debt to buy a house, Point provides equity funding. The startup can find the capital needed to finance your home and in return they get partial ownership.

Point raises $8.4 mln in Series A funding led by Andreessen Horowitz


Raised $8.4 million in Series A funding led by Andreessen Horowitz, bringing total funding to $15.4 million.

Fortuneʼs "The Term Sheet" - Tuesday, Stepember 13


Point, a Palo Alto, Calif.-based home equity investment platform, has raised $8.4 million in Series A funding led by return backer Andreessen Horowitz. Other investors include Ribbit Capital, Bloomberg Beta, Vikram Pandit and Laurence Tosi.

A look at the new Wall Street scheme to make money with your home


There’s a lot of logic behind the idea of allowing homeowners to diversify. Nationally, home equity is closing in on its pre-crisis peak, and it’s highly concentrated among older Americans who’ve lived in their homes a long time.

Should You Sell Shares of Your Home Equity?


This gives folks who can’t afford the monthly bills on a second mortgage, home equity loan, or credit line the chance to get cash on their residences while providing wealthy individuals, companies, and hedge funds (accredited investors only) something new to sink their money into.

Home refinancing is going high tech with venture capital-backed Point


The founders of a new financial startup were so frustrated with traditional methods that created more debt, that they developed an entirely new asset class through a new financing product called Point. But, unlike other financing options where homeowners retain 100 percent ownership of their homes, Point buys into a homeowner’s accumulated equity for an upfront payment to the homeowner.

Tech investors will pay cash to own a slice of your home


With homeowners’ equity soaring to near-record levels, financial technology entrepreneurs — backed by deep-pocketed venture capital — are dreaming up sophisticated ways to help consumers access that equity without traditional interest payments.

Other fintechs not intimidated by Lending Club stumble, continue to expand


Startup financial firms battened down the hatches when industry leader Lending Club stumbled, quickly cutting costs, slashing staff and pulling back. Now they are emerging from their defensive crouch

FinTech 50 2016: The Future Of Your Money


Point made Forbes’ second annual "FinTech 50" list for 2016. This list uncovers America’s 50 most disruptive and innovative companies in financial services.

No, a Point investment doesn’t mean Marc Andreessen will own your home


Andreessen Horowitz led the $8.4 million A round for Point, which is offering an alternative to home-equity loans. But that doesn’t mean the VC firm could end up owning your house.

Home Equity and Bad Apples


But there is a widespread, and not unfounded, sense these days that Debt Is Bad, and so people are constantly trying to think up ways for people to fund their lives with equity rather than debt.

‘We created a FICO score on a property’: Point raises more money to unlock home equity


One company trying to make a difference in digital lending is Point. The Palo Alto-based lender wants to put borrowers and lenders on more even turf by better aligning incentives between them.

Another fintech startup, Point, looks to disrupt traditional mortgage concepts


Point looks to completely turn the concept of home ownership on its head. The basic thesis behind this startup is that the notion of placing your member in one of two buckets is false. People don’t have to be either home owners or renters. Instead, in a less regulated world, a fintech startup could allow members to be partial rentals and partial owners.

Buy or sell shares in a single-family house


Unlike HELOC and home equity who only provide loans to people with good credit score and a steady flow of income, Point targets people who are optimizing for cashflow – the use of funds might be for debt payoff, small business investment, to help the homeowner bridge to a sale or refinance or to finance upgrades.

Fintech Platform Point Nabs $8.4M in Series A Funding, Led by Andreessen Horowitz


Point, claiming the title as the first financial technology platform that allows homeowners to unlock their home equity wealth without taking on new debt, announced today that it has raised $8.4 million in Series A funding led by Andreessen Horowitz.

Startup Offers to Buy Home Equity, Instead of Lending Against It


A fintech startup called Point is allowing consumers sell a piece of their home equity to investors, rather than borrowing against the value of their houses.

Andreessen Horowitz leads $8.4 mln round for Point


Point has raised $8.4 million in Series A funding led by Andreessen Horowitz.

Tech Startup Puts New Twist on Unlocking Home Equity


A technology startup that aims to revolutionize how U.S. homeowners access their housing wealth today raised $8.4 million in Series A funding, with one of the world’s largest private equity firms leading the way.

Point Helps Consumers Access Their Home Equity to Make Improvements While Avoiding Credit and Debt


Traditional methods of leveraging home equity to pay down debt or invest in home maintenance can lead to more financial strife for some homeowners. That’s why Point offers a different approach.