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Proptech Standout Aryeo Selected as Member of 2021 National Association of REALTORS® REACH Scale-up Program

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Innovative proptech startup seeks to rapidly scale as the industry-leading tool for streamlined property marketing content

BOSTON–(BUSINESS WIRE)–#NARREACHAryeo, a platform for centralizing real estate content, was recently selected as a member of the 2021 REACH scale-up program. Aryeo aims to streamline real estate content for photographers, agents, brokerages and content creators nationwide. Last year alone, more than 1% of all U.S. home sales were processed through the innovative Aryeo system. The goal of the REACH scale-up program is to scale high-growth potential technology companies in and beyond the residential real estate sector. Second Century Ventures, the strategic arm of the National Association of REALTORS® and the most active global venture fund in real estate technology, operates the award-winning REACH growth program in five major international markets.

“It’s an honor to participate in the 2021 NAR Reach scale-up program,” said co-founder and Aryeo CEO Branick Weix. “The more people who have access to our platform, the more opportunities we have to help the industry effectively manage, syndicate and automate listing content.”

Aryeo launched in 2019, the brainchild of real estate photographer Branick Weix; aerial photographer and commercial broker Matt Michalski; and former fellow with the Duke Innovation and Entrepreneurship Initiative Brendan Quinlan. Together, they grew Aryeo with a mission to streamline content in the real estate industry, allowing users to virtually manage their property images and data. With Aryeo, users can store all files in one place, benefit from automatic MLS resizing and compliance, easily share properties and content, and automatically generate marketing content like flyers, single-property websites and digital ads.

“We are very excited to welcome Aryeo as one of the companies in this year’s REACH class,” said Dave Garland, managing partner of Second Century Ventures. “Content touches almost every part of the real estate ecosystem, and Aryeo is in the perfect place to help real estate professionals access and utilize their content.”

As an inducted participant of the 2021 REACH scale-up program, Aryeo will have access to education, mentorship, a curated insight panel, exclusive networking opportunities and significant exposure to the global real estate market. Collectively, this year’s REACH participants have raised more than $700 million in capital, employ more than 125 people worldwide and represent a valuation in excess of $1 billion.

Added Michalski: “As a REACH member, Aryeo represents a new wave of property marketing innovation. The residential real estate market is incredibly fast-paced right now, and the more systems you can put in place to create efficiencies in your property marketing, the quicker you can get listings online and in front of interested buyers.”

ABOUT ARYEO

Aryeo is a platform to manage content, share properties and serve as a home for every listing. Last year, the platform processed more than 1% of all U.S. home sales. With Aryeo, users can easily manage, syndicate and automate listing content. Once uploaded, the system automatically generates marketing materials and single-property websites, automatically resizes and adjusts for MLS compliance and allows users to easily share properties and content with clients and members of their brokerage or team. To learn more about Aryeo, visit www.aryeo.com.

ABOUT REACH

REACH is a unique real estate technology program created by Second Century Ventures, the most active venture fund in the global real estate technology space. Backed by the National Association of REALTORS®, SCV and REACH leverage the association’s more than 1.4 million members and an unparalleled network of executives within real estate and adjacent industries. The REACH program helps technology companies launch into the real estate vertical and adjacent markets. The program provides education, mentorship and market exposure to one of the world’s largest industries. For more on REACH, visit www.narreach.com.

Contacts

Melissa Kandel, press@aryeo.com

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Source: https://www.fintechnews.org/proptech-standout-aryeo-selected-as-member-of-2021-national-association-of-realtors-reach-scale-up-program/

Blockchain

Crypto.com Now Enabling Cosmos’ Inter-Blockchain Communication Functionality for Cross-Chain Transfers

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Hong Kong-based Crypto.com announced on Thursday it is now enabling Cosmos’ Inter-Blockchain Communication (IBC) functionality for cross-chain transfers. According to Crypto.com, According to the duo, this integration creates new capabilities for future cross-chain implementations of the Crypto.org Chain and other IBC-enabled chains. 

The integration allows for the transferring and receiving of assets (tokens) and data using the ICS20 standard on the Crypto.org Chain Mainnet.  IBC assets will be available in the Bank module of the Crypto.org Chain, and CRO on other IBC-enabled chains.”

Cosmos and Crypto.com further revealed as part of its development on IBC, the project will create a bridge between Crypto.org Chain to Ethereum protocols, bringing on board Ethereum developers as innovative projects to the Crypto.org Chain ecosystem. Sharing more details about the integration, Eric Anziani, COO of Crypto.com, stated:

“The Inter-Blockchain Communication Protocol (IBC) enables self-sovereign networks to connect, which will lead to building a strong ecosystem of networks thanks to the flexibility and open nature of IBC. The IBC launch marks the end of “network tribalism”. It also aligns with one of Crypto.org Chain’s goals of building  an open ecosystem — one that is welcoming to and supported by innovative projects, including Payments, DeFi and NFT initiatives.”

Founded in 2016, Crypto.com serves over 10 million customers today with its crypto app, along with the Crypto.com Visa Card, the Crypto.com Exchange, and Crypto.com DeFi Wallet.

“Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.”

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Source: https://www.crowdfundinsider.com/2021/05/175098-crypto-com-now-enabling-cosmos-inter-blockchain-communication-functionality-for-cross-chain-transfers/

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Community bank taps Neocova to ramp up data-driven insights

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The Bank of St. Elizabeth, has tapped technology provider Neocova to help it derive business insights from its data in a partnership announced Thursday that will help the $180 million community bank unify its data on a single platform to run atop the bank’s core technology. Like other community banks and credit unions, the St. […]

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Source: https://bankautomationnews.com/allposts/retail/community-bank-taps-neocova-to-ramp-up-data-driven-insights/

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5 Questions with Citizen Bank VP of Innovation RJ Sherman

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RJ Sherman, the chief innovation vice president at Citizens Bank, isn’t a believer in using technology for technology’s sake. Sometimes, he noted, older technology can be a better solution than trendy technology. Sherman spoke with Bank Automation News about the role automation plays at the Providence, R.I.-based bank, the emerging technology he’s most excited about, […]

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Source: https://bankautomationnews.com/allposts/cust-xper/5-questions-with-citizen-bank-vp-of-innovation-rj-sherman/

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Divvy Sells to Bill.com for $2.5 Billion

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Corporate expense management platform Divvy has agreed to sell to small business financial software provider Bill.com for $2.5 billion.

Adding Divvy’s technology to its platform expands Bill.com’s solution. The new capabilities will help the California-based company enable its 115,000 customers to automatically manage accounts payable, accounts receivable, and corporate card spend. Additionally, Divvy’s tools will offer businesses real-time insight into their B2B spending and provide them access to multiple payment solutions.

Combining the two companies also boosts Divvy’s capabilities. The Utah-based company will be able to offer its 7,500 small business customers automated payable, receivables, and workflow capabilities. “As we listened to our customers, we heard them ask for a comprehensive payments platform so that they don’t have to use multiple software systems to manage their finances,” said Divvy CEO and Co-Founder Blake Murray. “Today I’m proud that Divvy is joining Bill.com to bring the one-stop-shop platform that our customers and the market have been asking for.”

“Since founding Bill.com, I have been driven by the desire to build solutions that make a real difference for small and mid-sized businesses. Customers have been asking us to help them with their spend management, and I am excited that together with Divvy, we can deliver on that ask, furthering our vision to transform SMB financial operations. Our expanded platform will provide more automation and real-time information to SMBs, enabling them to make more informed decisions,” said Bill.com CEO and Founder René Lacerte. “We are excited to work with the talented Divvy team. We have a shared passion for helping SMBs succeed and both companies are driving our customers’ digital transformations. Together, we can further empower SMBs to transition quickly and easily.”

Today’s deal is expected to close by the end of September and is subject to regulatory approvals closing conditions.

Bill.com was founded in 2006 and went public in 2019. With a market capitalization of $12.33 billion, the company trades on the New York Stock Exchange under the ticker BILL.

Founded in 2016, Divvy has raised $418 million from investors including PayPal Ventures, Insight Partners, and New Enterprise Associates.


Photo by Maranda Vandergriff on Unsplash

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Source: https://finovate.com/divvy-sells-to-bill-com-for-2-5-billion/

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