Home-finance startup beginning Southern California operations ...Middle East

Los Angeles Daily News - News
Home-finance startup beginning Southern California operations
Knock, an innovative lender that helps homeowners buy a new home before selling their old one, has entered the Southern California market, the company announced Thursday, March 4. The New York-based company said it launched operations in Los Angeles last week, then opened in seven addition areas from Bakersfield to San Diego this week. Knock is now operating in 25 markets in seven states. It plans to reach 75 markets by 2023. Knock’s new operations are the first for the Golden State. The rapid expansion comes after raising more than $600 million in debt and equity from investors like RRE Ventures and the Foundry Group. The five-year-old home-finance firm has been lumped in with innovative re

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