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Point Raises $122 Million in New Funding

Mar 20, 2019 - GlobeNewswire
Investments

PALO ALTO, Calif., March 20, 2019 (GLOBE NEWSWIRE) -- Point, the first financial technology platform that allows homeowners to unlock their home equity wealth without taking on new debt, announced today that it has secured $122 million in new funding. The company added $22 million in Series B equity funding led by Prudential Financial (NYSE:PRU) and DAG Ventures, with participation from existing investors including Andreessen Horowitz, Ribbit Capital, and Bloomberg Beta. New investors include ...