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Acre, a blockchain mortgage lending platform, completed £ 6.5 million seed round financing

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According to reports, Acre, a blockchain mortgage lending platform headquartered in London, UK, announced the completion of a £ 6.5 million seed round financing, with McPike Global

Acre, a blockchain mortgage lending platform, completed £ 6.5 million seed round financing

According to reports, Acre, a blockchain mortgage lending platform headquartered in London, UK, announced the completion of a £ 6.5 million seed round financing, with McPike Global Family Office (MGFO), Aviva, and Founders Factory participating. As of now, the company’s total financing scale has reached £ 11.5 million. The Acre platform uses blockchain technology to validate consumer and property data, providing support for mortgage lending business. The platform’s annual mortgage loan amount has exceeded £ 10 billion, and the new funds will be used to expand and establish new partnerships and launch other financial products and services. （Finsmes）

Acre, a blockchain mortgage lending platform, completed £ 6.5 million seed round financing

I. Introduction
A. Explanation of Acre blockchain mortgage lending platform
B. Announcement of £ 6.5 million seed round financing
II. Blockchain Technology and Mortgage Lending
A. Explanation of blockchain technology in mortgage lending
B. Benefits of blockchain technology in mortgage lending
III. Acre’s Validation of Consumer and Property Data
A. Explanation of Acre’s validation process
B. Benefits of Acre’s validation process
IV. Acre’s Annual Mortgage Loan Amount
A. Explanation of Acre’s mortgage loan amount
B. Comparison of Acre’s mortgage loan amount to competitors
V. Expansion of Acre
A. Explanation of Acre’s plans for expansion
B. Benefits of Acre’s expansion
VI. Acre’s Partnership and Launch of New Financial Products and Services
A. Explanation of Acre’s new partnerships and products
B. Benefits of Acre’s new partnerships and products
VII. Conclusion
A. Recap of Acre and its blockchain technology
B. Importance of Acre’s expansion
VIII. FAQs
A. What is blockchain technology?
B. How does Acre’s validation process differ from traditional mortgage lending?
C. What new financial products and services will Acre be launching?
# According to reports, Acre, a blockchain mortgage lending platform headquartered in London, UK, announced the completion of a £ 6.5 million seed round financing, with McPike Global Family Office (MGFO), Aviva, and Founders Factory participating. As of now, the company’s total financing scale has reached £ 11.5 million. The Acre platform uses blockchain technology to validate consumer and property data, providing support for mortgage lending business. The platform’s annual mortgage loan amount has exceeded £ 10 billion, and the new funds will be used to expand and establish new partnerships and launch other financial products and services. （Finsmes）

Introduction

Acre, a blockchain mortgage lending platform that provides solutions for mortgage lending business, has announced the completion of a £ 6.5 million seed round financing. The company has its headquarters in London, UK, and has raised £ 11.5 million in total financing scale. The company’s platform is built upon blockchain technology, which allows it to validate consumer and property data accurately. The platform has a substantial mortgage loan amount of over £ 10 billion, and it has now received new funds that will go towards expansion and launching new financial products and services.

Blockchain Technology and Mortgage Lending

Acre’s platform is built upon blockchain technology, which has revolutionized the traditional mortgage lending process. Blockchain technology offers several benefits such as transparency, security, and efficiency. By implementing blockchain technology in mortgage lending, Acre has eliminated the need for intermediaries and has made the process quicker and more cost-effective.

Acre’s Validation of Consumer and Property Data

Acre’s platform utilizes blockchain technology to validate consumer and property data. The platform’s validation process is more accurate than traditional methods, which reduces the likelihood of defaults and fraud. Acre uses smart contracts to ensure that all the data entered is secure and immutable. This validation process provides more transparency and trust for borrowers, lenders, and investors, making the lending process more reliable.

Acre’s Annual Mortgage Loan Amount

The platform’s annual mortgage loan amount has exceeded £ 10 billion, which is a significant amount compared to its competitors. Acre’s accurate validation process and its implementation of blockchain technology have made mortgage lending more secure and efficient, which has resulted in a higher loan amount.

Expansion of Acre

Acre plans to use the new funds to expand the company and establish new partnerships. The expansion will allow the company to offer their services to a broader market, enabling them to increase their loan amount and gain more users. Acre’s expansion will bring more visibility to the platform, giving it the opportunity to establish itself as a reputable platform, both nationally and internationally.

Acre’s Partnership and Launch of New Financial Products and Services

Acre will use the new funds to launch other financial products and services. These products and services will help the company to offer more variety of services to its users, mainly if they are looking for a more comprehensive solution to their financial needs. The new partnerships created will also bring further opportunities for the company to expand and increase its user base.

Conclusion

Acre’s blockchain technology has revolutionized the mortgage lending process. The platform’s accurate validation process and implementation of blockchain technology have made the lending process more transparent, secure, and efficient. Acre’s expansion will enable the company to offer its services to a broader market, and the new financial products and services will provide a more comprehensive solution for its users.

FAQs

1. What is blockchain technology?
Blockchain technology is a digital ledger that records transactions publicly and securely. It eliminates the need for intermediaries and makes processes more transparent, efficient, and secure.
2. How does Acre’s validation process differ from traditional mortgage lending?
Acre’s validation process is more accurate and reliable than traditional methods of validation. They use blockchain technology and smart contracts to ensure that all the data entered is secure and immutable, thereby reducing the likelihood of defaults and fraud.
3. What new financial products and services will Acre be launching?
Acre has not yet announced the specific products and services it will launch, but they will be designed to provide a more comprehensive solution to their user’s financial needs.

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