Slice of Real Estate Team
11/18/2025
Key highlights
Source: PR Newswire
Notable Quote
“ This evolution represents a pivotal next step in Backflip's journey. We are responding to the significant demand from institutional private credit investors. By aligning our technology and capital, we are creating a new, more efficient model to deploy capital into single family investment strategies. Richard's leadership will be integral as we expand our asset-backed investment strategies and grow assets under management. ”
Jake Rome, CEO at Backflip
Why This Matters
Backflip's transition into asset management signals a strategic response to the growing demand for access to private credit investments in the residential sector. This move not only enhances its service offerings but positions Backflip as a more competitive player in the FinTech landscape, providing institutional investors with streamlined capital solutions. This development is particularly significant for the finance sector.
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