LXA, a technology startup focused on reimagining Asia's mortgage ecosystem, today announced the completion of its US$10 million seed funding round led by New Enterprise Associates, Inc. (NEA), with participation from Openspace Ventures and EDBI. Geared towards matching institutional capital pools and residential mortgage borrowers, this platform aims to utilize end-to-end technology to streamline the entire mortgage lifecycle, from loan origination and borrower processing to loan servicing.
Following a highly competitive pitch process, Marriott Bonvoy, Marriott International’s award-winning travel program, has appointed Grey Group Singapore as its Asia Pacific (excluding China) social media agency.