Backflip, a leading real estate FinTech platform transforming how investors access and deploy capital, today announced its strategic evolution into a tech-enabled asset manager. The vertically-integrated platform provides technology and capital solutions to residential real estate investors through its captive loan originator and servicer. Backflip’s newly-formed subsidiary (Backflip Asset Management, LLC) has approximately $175 million in assets under management. In support of this strategy, the company raised $10 million in corporate equity this year from...