AI fintech

AI mortgage startup LoanSnap loses license to operate in Connecticut

Fintech /

LoanSnap, an AI-powered mortgage startup, has had its license to operate revoked in Connecticut, according to the state’s Banking Commissioner. This occurred after LoanSnap violated a consent order it had entered into with the Department of Banking in May. The department revealed Tuesday that its consumer credit division opened an investigation that found multiple violations […]

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After raising $100M, AI fintech LoanSnap is being sued, fined, evicted

AI /

AI mortgage startup LoanSnap is facing an avalanche of lawsuits from creditors and has been evicted from its headquarters in Southern California, leaving employees worried about the company’s future, TechCrunch has learned. LoanSnap, founded by serial entrepreneurs Karl Jacob and Allan Carroll, has raised around $100 million in funding since its 2017 seed round, $90

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