By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
TechziTechziTechzi
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Search
© 2023 Techzi . All Rights Reserved.
Reading: Ex-Blackstone Exec’s Fintech Bags $10M Despite Funding Chill
Share
Font ResizerAa
TechziTechzi
Font ResizerAa
Search
  • Home
  • Community
    • Our Review
    • Join Our Slack community
    • Referral: Richieee
    • Referral: 6 for 6
  • Publications
    • Special Report: SE Asian Startup Funding
    • Top 30 Most Funded Southeast Asia Startups
  • Agencies
  • About
    • About us
    • Contact
Have an existing account? Sign In
Follow US
© 2023 Techzi . All Rights Reserved.
Fintech

Ex-Blackstone Exec’s Fintech Bags $10M Despite Funding Chill

Anuj Kumar Verma
Last updated: February 12, 2024 1:51 pm
Anuj Kumar Verma
Share
1 Min Read
SHARE

Moorjani’s mortgage startup LXA scores seed stash led by NEA

Contents
LXA aims to streamline the mortgage lifecycleLXA’s core potentialLXA Expansion

LXA aims to streamline the mortgage lifecycle

The new startup of former Blackstone bigwig Kishore Moorjani has scored $10 million in seed funding, defying the funding winter chilling the startup scene. 

Moorjani’s latest venture LXA, co-piloted with COO Shawn Low, runs a platform connecting home loans with deep-pocketed asset jockeys. 

LXA aims to smooth the entire mortgage marathon – from loan origination to servicing the finish line. 

NEA led the seed round, with Openspace Ventures and EDBI hopping aboard. 

LXA’s core potential

“We created LXA to pipe capital from insurance and pension funds into Asia’s sizzling digital mortgage market,” said Moorjani. 

LXA Expansion

Beyond Singapore, LXA looks to expand across Asia, where online mortgages are taking off like a rocket. Indonesia already has players like Pinhome and Ideal disrupting old-school fragmented and opaque processes. 

With mortgage demand surging and his Blackstone bona fides, Moorjani picked a prime time to launch LXA. Though winter is coming for many startups, LXA is keeping cozy with its $10 million seed bundle.

TAGGED:div5

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook X Copy Link Print
Share
Previous Article KX and HashKey Join Forces to Power Up SEA’s Web3 Scene
Next Article Scorpio Stuck in First Gear as Losses Accelerate

Subscribe to our newsletter to get our newest articles instantly

Please enable JavaScript in your browser to complete this form.
=

Stay Connected

XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow

Latest News

Techzi is Pausing
Media December 24, 2024
Twitch Pioneer Emmett Shear Launches Mysterious AI Venture
AI December 24, 2024
OpenAI CEO Labels Musk a ‘Bully’ in Latest Tech Titan Clash
AI December 24, 2024
AI Revolution Could Spark Live Entertainment Boom
Culture December 24, 2024

You Might also Like

Travel

The Internet of Things (IoT) and its Applications in Travel

March 4, 2024
Strategy

From Barista to Billionaire: Andrew Wilkinson’s 16-Year Journey Building a Tech Company

February 20, 2024
ClimateVC

Clime Capital Launches $127 Million Southeast Asia Clean Energy Fund

February 17, 2024
FAANG

Tech Titans Clash: Bezos Denies Musk’s Provocative Claim

November 27, 2024
Travel

Social Media’s Influence on Modern Travel Trends

March 4, 2024
AISaaS

SAP Restructures Amid Rise of AI, Impacting 8,000 Jobs

February 12, 2024
Fintech

The Rise of Neobanks in Emerging Markets

July 16, 2024
e-Commerce

The Konvy Story: How A Chinese Entrepreneur With Life Savings And A Mission Built Thailand’s Leading Beauty Ecommerce Platform

February 12, 2024
Strategy

Kraft Heinz Spices Up Supply Chain Management with AI-Powered ‘Lighthouse

September 2, 2024
Strategy

Global Powers Huddle in Seoul for Military AI Summit

September 14, 2024
Mobility

Lucid CEO Criticizes Tesla’s Direction, Cites Leadership Distraction

June 3, 2024
MediaVC

One Championship Gears Up for Profitable 2024

July 9, 2024

Techzi

SE Asian tech news: Free & Comprehensive. Read more

Quick Links

  • Logistics
  • Marketplace
  • Mobility
  • Startups
  • VC
  • Food tech
  • Gaming
  • Health-Tech
  • Media
  • Social Media
  • SaaS
  • Travel

Quick Links

  • AI
  • Edutech
  • Climate
  • Creators
  • Crypto & Web3
  • Culture
  • Deep Tech
  • e-Commerce
  • FAANG
  • Fashion
  • Fintech

Techzi Tech Newsletter

FREE and Curated by Tech Insiders

Legal

Privacy Policy

Terms & conditions

TechziTechzi
Follow US
© 2024 Techzi . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?