Business owners remove mortgage instead hit up VCs. It’ll target permitting agencies and property managers, allowing them to manage a variety of avenues like occupant fees, lease and providers financials

Business owners remove mortgage instead hit up VCs. It’ll target permitting agencies and property managers, allowing them to manage a variety of avenues like occupant fees, lease and providers financials

Brisbane-based real property innovation group Rex Labs possess covered a $3.5 million loan from lately established neighborhood start-up personal debt financial support professional Leap investment, in a package the firm states will allow it buy broadening its app collection without diluting the stake of the brothers which founded it.

The company is founded for ten years and contains a leading applications as a service product labeled as Rex pc software, that is a profitable buyer commitment control and finance system used by real property organizations, but it has also produced a number of other software it thinks has bigger gains capabilities as time goes by.

Parents business: Anton Babkov (middle) was flanked by their mum, Lana Babkov, who functions as head of deals and cousin Alex, that is primary technologies policeman. Read more