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Austin-based Closinglock secures $12M Series A to combat $446M real estate wire fraud with a fraud prevention system.
Closinglock, an Austin-based fintech company that prevents real estate fraud, has raised $12M in its Series A funding, led by Headline.
Over 400 title companies and law firms use Closinglock's platform to help execute safe transactions, with the company protecting transactions totaling more than $250B.
The funding will be used to accelerate product development, expand technological infrastructure, and enhance capabilities in safeguarding and streamlining real estate transactions.
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Closinglock, con sede en Austin, obtiene 12 millones de dólares Serie A para combatir el fraude electrónico de bienes raíces por valor de 446 millones de dólares con un sistema de prevención de fraude.