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Lending Analytics and Data Platform dv01 Raises Another $6M and Acquires Pragmic
One of the key underlying factors that led to the economic crisis in 2008 was excessive risk-taking by banks and much of this was facilitated by lack of data, governance, and outdated processes. In the wake of these events, a number of new regulations were introduced and new technologies were born. dv01 is a fintech platform that focuses on providing complete transparency around the structured finance market down to individual loan level detail. AlleyWatch caught up with Founder, CEO, and restaurant owner Perry Rahbar to learn more about the company’s mission to address the fragmentation of data in the financial markets, the recent acquisition of Pragmic, and the company’s latest funding round from investors that include Pivot Investment Partners and AGNC Ventures.
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