North Carolina Based FinTech Platform Comes out of “Stealth Mode” and Raises $750,000

Originally published on the New Chip Accelerator Blog by Armando Vera Carvajal on December 21, 2021.

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Brian found it difficult enough to build a business, and the added stress of seeking investment was distracting from evolving his business into what he had always envisioned.

The benefit Brian saw in Newchip was that it was “like a personal trainer. It helps me be more accountable if there is a system and structure. We found that very useful.” At that point, Brian was all-in on Newchip as an accelerator.
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“The reaction we got has just been amazing,” Brian said. “Our company philosophy is to Do Well by Doing Good. We believe it so much that we set aside a certain percentage of ownership as founders to one day have a charitable entity. We’re not going to wait until we’re successful; we’re doing that now.”

Whether they know it or not, the SocialEquity team has already found success, as well as a road map toward becoming one of the most innovative tech platforms in America.

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Brian went on to say, “It’s been so much fun coming out of stealth mode because now we’re sharing our story. It’s just energizing!” We can’t wait to see what the future holds for SocialEquity!

About SocialEquity

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SocialEquity is an experienced group of entrepreneurs that specialize in building tech platforms. SocialEquity in particular is a tech solution that supports the under-40 single demographic that is unable to buy a home under the traditional model of a mortgage brokerage.
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Over 30M+ good hard-working people are blocked out of the American Dream of Home Ownership today.  SocialEquity invites these individuals to sit down and, when they join, they pool their purchasing power and buy into new flexible Home Loans together—making the process more affordable.
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The process, according to company founder Brian Lora, is “purpose-led, and that’s our mission. It’s all about our members and owners and how they can transform their lives.” Essentially, the SocialEquity platform gives people access to primary homeownership and all of the economic benefits that come with that ownership over time.  We want our members to thrive!

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