Yes to transparency! Citics is a Vietnamese proptech platform that is focused on digitising the entire real estate transaction journey, from valuation to buying and selling. 

• Now, they just raised $ 2.1M. 

Investor check. TVS, Ai Viet Ventures, Vulpes Ventures, and Vietnam Investments Group joined the round. 

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🏘️ End-to-end solution

Slow and inconsistent mortgage property valuations and a complex mortgage lending process make the transaction journey in real estate a hassle. 

• Automated Valuation Model (AVM). This model enables banks to assess property values quickly. It currently serves over 32 banks nationwide. 
• Citics Mortgages. This platform streamlines the lending process and allows customers and brokers to check borrowing capacity. 
• Citics Home. Their pilot platform initially focused on selling foreclosed properties for banks.

Run the numbers. Launched in 2018, Citics operates in more than 30 provinces with a network of over 4K agents. 

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💸 What’s with the $$$? 

They’ll accelerate the development of their real estate financial products, integrate AI into their platform, and expand their partner network nationwide.