Does it make sense for banks or FinTech players to operate real estate marketplaces?

Jorge Combe is the CEO of DD360, a company with a unique business model. Having started out as a B2B development loan specialist it has since moved into B2C mortgages and has built its own very sophisticated marketplace on top.

In this episode, Ed and Simon ask why a FinTech business would go to the trouble of building a marketplace on top of its existing business...

Inspired by a PropTech & Portal Watch presentation by Malcolm Myers, Simon and Ed discuss some of the threats to real estate portals that have come along over the years...

• Web-based horizontals
• Global verticals
• Search engines
• Social networks
• iBuyers
• Virtual brokerages

Some are just buzzwords, others seemed more threatening. None of them have seriously challenged big name marketplaces.

So are portals invincible?

The link to Malcolm's presentation that inspired this episode is here password = PPWBKK24

The Online Marketplaces news team has to look through a lot of different real estate marketplace businesses and we often get naked if we've seen any interesting ones. Ed and Harvey try to impress Simon Baker with two companies that they think have gone a little under the radar: Tsukuruba in Japan and DomClick in Russia...