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Figure posts strong Q1 on surge in blockchain lending activity

Figure Technology Solutions reported first-quarter net income of $45 million as the blockchain-based lending marketplace nearly doubled revenue and more than doubled consumer loan marketplace volume year-over-year. The company said on Tuesday that its consumer loan marketplace volume rose 113% year over year to $2.9 billion in the quarter ended March 31. Figure Connect volume…

Real adds Kansas City’s largest independent brokerage

The Real Brokerage announced that Chartwell Realty has joined the company, adding 150 agents and significantly expanding Real’s footprint across the Kansas City metropolitan area. The move increases Real’s local agent count to more than 450 and further strengthens the company’s position in one of its fastest-growing regional markets. Over the past two and a…

Clear Capital acquires Restb.ai for AI property intelligence

National real estate analytics and data solutions company Clear Capital announced on Tuesday its acquisition of Restb.ai, an artificial intelligence-powered computer vision company serving the real estate and valuation industries, as it looks to expand its property data and analytics capabilities. Financial terms of the deal were not disclosed, and a company spokesperson confirmed that the…

April CPI rises 0.6% as annual inflation ticks up to 3.8%

The prices for goods and services continued to climb month-over-month in April, but at a slower pace than they did in March.  In April the Consumer Price Index for all items rose 0.6% from a month prior on a seasonally adjusted basis, according to data released Tuesday by the U.S. Bureau of Labor Statistics. This…